Roman Abramovich is subject to sanctions in the United Kingdom and cannot sell Chelsea

Roman Abramovich is subject to sanctions in the United Kingdom and cannot sell Chelsea

pole Roman AbramovichWhat is with you ChelseaOn Thursday the 10th of this month, he was included on the list of Russian individuals to be sanctioned by the British government due to the invasion of Ukraine. With this measure, the billionaire’s assets were frozen and he was banned from doing business or traveling to the United Kingdom. Therefore, the sale of the London club is also in doubt. Chelsea are the current winners of the Club World Cup and the Champions League.

British Chancellor Liz Truss said: “Oligarchs and kiptocrats have no place in our economy or society. Thanks to their close ties to Vladimir Putin (the Russian president), they are complicit in his aggression.”

Roman Abramovich, a friend of Putin and owner of Chelsea, is the target of attacks by the British government filming: Andy Wren/EFE

Abramovich’s punishment has a direct impact on Chelsea’s sporting activities. The Blues are unable to sell, renew or sign new players or any other contract. The sale of match tickets is also prohibited, with only those who have purchased a ticket package for the entire season allowed to enter the stadium.

However, the UK authorities have published a license to give Chelsea the ability to maintain the operation of football-related duties, allowing the club to continue participating in the competitions in which it competes – the Champions League, English Championship and FA Cup.

“In light of the significant impact today’s sanctions may have on Chelsea Football Club and the potential ramifications, the Government this morning published a license to allow a range of football-related activities to continue at Chelsea. This includes permissions for the club to continue.” “Playing matches and other football-related activities, which in turn will protect the Premier League, the wider football pyramid, loyal fans and other clubs,” the British government said in a statement.

See also  How debts with Abramovich could change the course of the English club

Abramovich, a long-time friend of Russian President Vladimir Putin, began moving to sell Chelsea just days after the Russian invasion of Ukraine, when he found himself under pressure from the British public. The current president of the London club, whose value is estimated at more than 26 billion Brazilian reais, also stated that he would donate the profits from the operation to “the people of Ukraine.”

Abramovich bought Chelsea in July 2003 for 140 million pounds (650 million Brazilian reals at the time). Over nearly 20 years, the club has raised its level all over the world, amassing idols and collecting trophies from important competitions, such as the Champions League, Europa League, English Championship and Club World Cup.

You May Also Like

About the Author: Lizzie Gray

"Lifelong web fan. Incurable internet junkie. Avid bacon guru. Social media geek. Reader. Freelance food scholar."

Leave a Reply

Your email address will not be published. Required fields are marked *