Chelsea owner Roman Abramovich has been sanctioned by the UK government; banned from transactions with UK individuals and businesses; Chelsea given special licence to continue to operate; only existing ticket holders can attend games
Chelsea owner Roman Abramovich has been sanctioned by the UK government – meaning he is now unable to sell the club.
Abramovich has had “his assets frozen, a prohibition on transactions with UK individuals and businesses, a travel ban and transport sanctions” imposed on him.
The sanctions are intended to stop the 55-year-old from making any money in the UK – and this includes from Chelsea. An application to the UK government can be made to sell Chelsea in the future as long as Russian-Israeli billionaire Abramovich does not profit or make any money from the transaction.
The government has granted Chelsea a special licence to allow fixtures to be fulfilled, staff to be paid and existing ticket holders to attend matches.
Nadine Dorries, the minister for Sport and Culture, tweeted: “I know this brings some uncertainty, but the Government will work with the league & clubs to keep football being played while ensuring sanctions hit those intended. Football clubs are cultural assets and the bedrock of our communities. We’re committed to protecting them.”