Terry released a statement earlier today that revealed that he would not be appealing the FA's decision to ban him for four games for racial abuse.
Chelsea have now released a statement stating that Terry made the right decision to apologise and not appeal.
"Chelsea Football Club believes John Terry has made the correct decision by not appealing against the FA judgment relating to language he used at the QPR match last October," the statement read.
"Chelsea also appreciates, and supports, John's full apology for the language he used. The club firmly believes such language is not acceptable and fell below the standards expected of John as a Chelsea player.
"The board has conducted its own investigation into the matter, and considered the various issues involved. The board has taken further disciplinary action in addition to the four-match suspension and £220,000 fine imposed by the FA. In accordance with our long-standing policy, that disciplinary action will remain confidential."
Terry will miss Premier League fixtures against Tottenham Hotspur, Manchester United and Swansea as well as the League Cup clash with United.