New Chelsea manager Frank Lampard has begun his reign in charge of the club by introducing an extreme set of fines to punish ill-disciplined players.

A Chelsea football player who turns up late to training will immediately incur a £20,000 (NZ$40,592) fine while those that are late for a team meeting will rack up a bill of £500 per minute over time.

Lampard is in the midst of his first season with the club he played 648 games for from 2001-2014 and seems intent on laying down the law as the first English manager there in over 20 years.

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The list of fines was allegedly leaked from Chelsea's training ground and posted to Reddit and also includes penalties for phones ringing during meals or meetings (£1000), wearing the wrong uniform (£1000) and not reporting an injury or illness (£10,000).

However, it's punctuality that seems to be Lampard's pet peeve with £2500 fines for being late for a match day or medical treatment and £1000 fines for being late for a gym session.

On top of that, if any player's ill-discipline extends to bill-paying their fine amount will be doubled if not paid within 14 days.

Nevertheless, it's not all bad news for Chelsea players as all fines will be collected in a pool of money that can only be used to contribute toward team activities or charitable donations.