Will Chelsea go into administration? Race to avoid financial ruin after Roman Abramovich sanctioned
2 years, 9 months ago

Will Chelsea go into administration? Race to avoid financial ruin after Roman Abramovich sanctioned

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The unthinkable could soon become the inevitable, with Chelsea, Champions League winners and once one of the richest clubs on the planet, facing a very real danger of entering administration following the government’s decision to sanction Roman Abramovich. The decision to sanction Abramovich on Thursday has thrown the club’s viability into serious doubt and although the government has said it will do it all can to protect Chelsea, it’s clear that unless the club is sold extremely quickly, the five-time Premier League champions are in the kind of financial peril that was unthinkable with the Russian at the helm. On Thursday, Chelsea’s shirt sponsor, Three, said that it was “temporarily suspending” its £40m deal with the club. I would suspect that we will see a raft of suspensions, at the very least.” Even if the government introduces some kind of special arrangement to allow a sale to go through – an eventuality which looks more and more likely despite the imposition of sanctions – it's possible that companies would look to cut the value of future contracts, regardless of whether Chelsea are no longer in Abramovich’s hands.

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History of this topic

The Russian oligarch, UK football club, and billions of dollars in limbo
9 months ago

The Russian oligarch, UK football club, and billions of dollars in limbo

ABC  

Selling one of the world's most well-known football clubs was meant to create a $4.8 billion lifeline for Ukrainians fleeing a Russian invasion. Abramovich saw the writing on the wall, some media outlets say, and attempted to offload Chelsea before he became a target in Britain's "largest ever" package of sanctions against Russia. Chelsea blames financial losses on sanctions on …

Chelsea face fresh scrutiny over secret payments made under Roman Abramovich
1 year, 1 month ago

Chelsea face fresh scrutiny over secret payments made under Roman Abramovich

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chelsea are set to face further scrutiny from …

Premier League investigating Chelsea over possible financial violations
1 year, 5 months ago

Premier League investigating Chelsea over possible financial violations

The Hindu  

The Premier League is investigating potential financial rule breaches at Chelsea under Roman Abramovich’s ownership, CEO Richard Masters told Britain’s Times newspaper on Wednesday. Chelsea’s new owners self-reported a number of financial transactions during the Abramovich era to European football’s governing body UEFA, the Premier League and the FA. “If the Premier League believes a club has breached the financial …

Premier League looking into ‘historic’ financial issues at Chelsea
1 year, 5 months ago

Premier League looking into ‘historic’ financial issues at Chelsea

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chief executive Richard Masters has confirmed the Premier …

Roman Abramovich ‘secretly funded’ Dutch club Vitesse Arnhem while owning Chelsea
1 year, 9 months ago

Roman Abramovich ‘secretly funded’ Dutch club Vitesse Arnhem while owning Chelsea

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Roman Abramovich secretly bankrolled Vitesse Arnhem and funded …

Chelsea posts 121.3 million pounds loss, blames sanctions on ex-owner Abramovich
1 year, 9 months ago

Chelsea posts 121.3 million pounds loss, blames sanctions on ex-owner Abramovich

The Hindu  

Chelsea had an overall net loss of GBP 121.3 million for 2021-22 due to “extraordinary expenses and loss of revenue” after sanctions were imposed on previous owner Roman Abramovich, the Premier League club said on Monday. “During this period, the club was restricted in a number of areas including, but not limited to, its ability to sell matchday and season …

Funds from sale of Chelsea will soon be ‘on start of journey’ to Ukraine
2 years, 2 months ago

Funds from sale of Chelsea will soon be ‘on start of journey’ to Ukraine

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Billions of pounds from the sale of Chelsea …

Chelsea chairman Bruce Buck to step down following sale of club
2 years, 6 months ago

Chelsea chairman Bruce Buck to step down following sale of club

The Hindu  

Bruce Buck, who has served as Chelsea chairman since 2003, is stepping down from his position following the change of ownership at the Premier League club. Chelsea said on Monday that Buck “will continue to support the club as a senior advisor.” Chelsea was sold last month for 2.5 billion pounds -- the highest price ever paid for a sports …

Chelsea sale saga ends as Todd Boehly’s consortium completes purchase from Roman Abramovich
2 years, 7 months ago

Chelsea sale saga ends as Todd Boehly’s consortium completes purchase from Roman Abramovich

The Hindu  

Roman Abramovich has completed the sale of Chelsea and related companies to an investment group led by Todd Boehly and Clearlake Capital, the Premier League club said on Monday, ending a three-month process to sell the club. — Chelsea FC May 30, 2022 Russian owner Abramovich put the club up for sale in early March following Russia's invasion of Ukraine, …

Abramovich completes $3.2 billion sale of EPL team Chelsea
2 years, 7 months ago

Abramovich completes $3.2 billion sale of EPL team Chelsea

Associated Press  

The fast-tracked purchase of English soccer club Chelsea for 2.5 billion pounds — the highest price ever paid for a sports team — was completed Monday by a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. “We are honored to become the new custodians of Chelsea Football Club,” said Boehly, who attended some of the team’s games in recent …

How Abramovich was forced to sell Chelsea in fall from grace
2 years, 7 months ago

How Abramovich was forced to sell Chelsea in fall from grace

Associated Press  

Standing by the bar in a small Stamford Bridge hospitality suite was a figure who had had not been spotted at the stadium in three years: Roman Abramovich. Abramovich tried to cling onto Chelsea, even as anger over Russia’s unprovoked aggression toward its neighbor intensified, backed not just by loyal fans but club greats including John Terry hailing him as …

Portugal approves sale of Chelsea by Abramovich
2 years, 7 months ago

Portugal approves sale of Chelsea by Abramovich

Associated Press  

LISBON, Portugal — The Portuguese government has given its authorization for the sale of Chelsea by Roman Abramovich, who needed approval because he is a Portuguese passport holder. The decision by Portugal was announced Thursday, a day after the British government approved the sale of Chelsea by the sanctioned Russian oligarch to a consortium fronted by a part-owner of the …

Portugal approves sale of Chelsea by Abramovich
2 years, 7 months ago

Portugal approves sale of Chelsea by Abramovich

The Hindu  

The Portuguese government has given its authorisation for the sale of Chelsea by Roman Abramovich, who as a Portuguese passport holder needed its approval. The decision by Portugal was announced on Thursday, a day after the British government approved the sale of Chelsea by the sanctioned Russian oligarch to a consortium fronted by a part-owner of the Los Angeles Dodgers. …

UK Government Approves Proposed Takeover of Chelsea by Consortium
2 years, 7 months ago

UK Government Approves Proposed Takeover of Chelsea by Consortium

The Quint  

In March, Abramovich said he planned to sell the club. On Tuesday, the government approved the 4.25 billion pound takeover of Chelsea by a consortium led by LA Dodgers co-owner Todd Boehly, according to BBC. Earlier, the proposed takeover by the Todd Boehly/Clearlake consortium was approved by the Premier League Board, which sent the proposal for approval of the UK …

UK government approves sale of Chelsea by sanctioned Abramovich
2 years, 7 months ago

UK government approves sale of Chelsea by sanctioned Abramovich

Hindustan Times  

Roman Abramovich's 19 years as Chelsea owner is closer to ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. The reigning FIFA Club World Cup winners and 2021 European champions will be sold for 2.5 billion pounds - the highest …

Chelsea: Thomas Tuchel gets £200m to spend after Todd Boehly takeover
2 years, 7 months ago

Chelsea: Thomas Tuchel gets £200m to spend after Todd Boehly takeover

Daily Mail  

Thomas Tuchel 'will receive £200million to spend on new players this summer' after Todd Boehly's £4.25billion takeover of Chelsea was finally approved. Thomas Tuchel will be given £200million to spend this summer after Todd Boehly's takeover Boehly's consortium finally completed their takeover of the Stamford Bridge club this week Chelsea finished third in the final Premier League standings - 19 …

Sale of Chelsea by sanctioned Abramovich approved by UK govt
2 years, 7 months ago

Sale of Chelsea by sanctioned Abramovich approved by UK govt

Associated Press  

LONDON — Roman Abramovich’s 19-year ownership of Chelsea is ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. The reigning FIFA Club World Cup winners and 2021 European champions will be sold for 2.5 billion pounds — the highest price …

UK government approves sale of Chelsea FC Todd Boehley
2 years, 7 months ago

UK government approves sale of Chelsea FC Todd Boehley

The Hindu  

The British government issued a licence last night that permits the sale of football club Chelsea,minister Nadine Dorries said on Wednesday. He put the London club up for sale in early March following Russia's invasion of Ukraine, which Moscow calls a "special military operation". “Following extensive work, we are now satisfied that the full proceeds of the sale will not …

Premier League approves Chelsea sale to Todd Boehly-led consortium
2 years, 7 months ago

Premier League approves Chelsea sale to Todd Boehly-led consortium

The Hindu  

The Premier League has approved the proposed sale of Chelsea to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly, although the British government still needs to sign off on the deal before it can be completed. Todd Boehly has already agreed to buy the club for 2.5 billion pounds —the highest price ever for a sports team—with Roman …

UK government approves sale of Chelsea by sanctioned Abramovich
2 years, 7 months ago

UK government approves sale of Chelsea by sanctioned Abramovich

Al Jazeera  

A consortium led by Todd Boehly to take over the Premier League club as the UK issues a licence permitting the deal. The UK government has announced it had given the green light to American financier Todd Boehly’s proposed takeover of Chelsea Football Club from the sanctioned Russian oligarch Roman Abramovich. A consortium led by Boehly, a co-owner of baseball’s …

Chelsea takeover news: Government open talks with ‘international partners’ to help push through sale
2 years, 7 months ago

Chelsea takeover news: Government open talks with ‘international partners’ to help push through sale

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The government has launched talks with “international partners” …

Chelsea sale on course to be completed ahead of May 31 deadline
2 years, 8 months ago

Chelsea sale on course to be completed ahead of May 31 deadline

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chelsea must complete the sale by May 31 when the Blues’ temporary …

Chelsea believe takeover 'will go through' with government keeping Abramovich loan until completion
2 years, 8 months ago

Chelsea believe takeover 'will go through' with government keeping Abramovich loan until completion

Daily Mail  

Chelsea reportedly expect Roman Abramovich's sale of the club to go through with the UK Government set to keep the £1.6bn loan owed to their departing owner temporarily. Chelsea are reportedly expecting Roman Abramovich's sale of the club to now be completed Instead, they are keen for the money to go towards helping rebuild Ukraine after they were invaded by …

Chelsea risk Premier League expulsion as their takeover could become a Putin-Johnson row
2 years, 8 months ago

Chelsea risk Premier League expulsion as their takeover could become a Putin-Johnson row

Daily Mail  

If Roman Abramovich now wants his £1.6bn loan paid back to agree the sale of the Chelsea, then the club is facing its biggest crisis since the 1987 ‘Save the Bridge’ campaign, when Stamford Bridge was under threat of being turned into luxury flats by property developers Marler Estates. Roman Abramovich wanting his £1.6bn loan back may give Chelsea its …

Chelsea sale 'hits snag' over fears Roman Abramovich is going back on promise to write off debt
2 years, 8 months ago

Chelsea sale 'hits snag' over fears Roman Abramovich is going back on promise to write off debt

Daily Mail  

The sale of Chelsea is under threat amid Government fears the club's Russian owner is backtracking on his promise to write off a £1.6billion debt. The changes would see paying off the debt from Chelsea's parent company Fordstam Ltd to a Jersey-based company Camberley International Investments, which appears to be linked to Abramovich. Chelsea's sale has hit a serious snag …

Chelsea sale: Boris Johnson 'considering giving proceeds to grassroots football in the UK'
2 years, 8 months ago

Chelsea sale: Boris Johnson 'considering giving proceeds to grassroots football in the UK'

Daily Mail  

Prime Minister Boris Johnson is reportedly considering giving some proceeds of the sale of Chelsea FC to grassroots football in the UK, yet the majority will still go towards supporting Ukraine. Boris Johnson is reportedly considering giving some proceeds of the sale of Chelsea FC to grassroots football in the UK American investor Todd Boehly is the frontrunner to become …

Chelsea: Roman Abramovich's sanctions means it cannot be 'business as usual' insists Sports Minister
2 years, 9 months ago

Chelsea: Roman Abramovich's sanctions means it cannot be 'business as usual' insists Sports Minister

Daily Mail  

Nigel Huddleston, the Sports Minister, insists it cannot be ‘business as usual’ at Chelsea after the club’s fans hit out at ongoing restrictions imposed in the wake of sanctions against Roman Abramovich. Sanctions on Chelsea owner Roman Abramovich means it cannot be 'business as usual' at Stamford Bridge Chelsea are not permitted to sell any new tickets to supporters for …

Chelsea fans should be allowed to buy FA Cup tickets, says UK lawmaker
2 years, 9 months ago

Chelsea fans should be allowed to buy FA Cup tickets, says UK lawmaker

The Hindu  

Chelsea fans must not be punished by the sanctions on the club's owner and should be allowed to buy tickets for the FA Cup semi-final clash against Crystal Palace next month, the chair of a UK parliamentary committee said on Monday. Premier League club Chelsea are dealing with government restrictions on their operations after sanctions were imposed on their Russian …

Chelsea: Profile on the US businessmen who want to buy the Stamford Bridge club
2 years, 9 months ago

Chelsea: Profile on the US businessmen who want to buy the Stamford Bridge club

Daily Mail  

Roman Abramovich put Chelsea up for sale on March 2, amid Russia's invasion of Ukraine. However, when Walter's ownership group bought the Dodgers, Boehly negotiated the record-setting television rights deal that provided the team with more than enough money to sign whatever players they wanted. Todd Boehly is not the controlling owner of the LA Dodgers but has played pivotal …

Chelsea: Roman Abramovich could still scupper sale as he is 'not keen on bids from US and Britain'
2 years, 9 months ago

Chelsea: Roman Abramovich could still scupper sale as he is 'not keen on bids from US and Britain'

Daily Mail  

Roman Abramovich can still scupper the Chelsea sale with sources insisting that he does not want to accept a bid from a country that has sanctioned Russian oligarchs. US businessman Todd Boehly is leading one of the two major American bids for Chelsea The Ricketts family publicly confirmed their intention to bid for the Blues on Wednesday This update comes …

Chelsea: Roman Abramovich's 'next logical decision would be take over at CSKA Moscow'
2 years, 9 months ago

Chelsea: Roman Abramovich's 'next logical decision would be take over at CSKA Moscow'

Daily Mail  

A Russian football agent believes Roman Abramovich could turn to CSKA Moscow once his Chelsea exit is complete. But despite having to expectedly and reluctantly release control of the Blues to help keep the club afloat, Timur Gurtskaya believes there is a route back into the game for the 55-year-old in his homeland at CSKA Moscow. Roman Abramovich could now …

Chelsea 'may have to travel to games on EASYJET flights'
2 years, 9 months ago

Chelsea 'may have to travel to games on EASYJET flights'

Daily Mail  

Under sanction rules, the club cannot spend more than £20,000 on away travel It comes after Roman Abramovich was sanctioned by the UK government Chelsea 'may have to travel to away games via Easyjet' amid financial struggles Chelsea's players have reportedly been told the club will be ditching private jets and five-star hotels amid their financial insecurity. Chelsea have reportedly …

Premier League disqualifies Roman Abramovich from running Chelsea
2 years, 9 months ago

Premier League disqualifies Roman Abramovich from running Chelsea

The Hindu  

In an unprecedented ruling against a club owner, the Premier League ordered Roman Abramovich on Saturday to stop running Chelsea and sell up after he was sanctioned by the British government over Russia's war on Ukraine and his close links to President Vladimir Putin. The government welcomed the Premier League's move against Abramovich, characterizing the disqualification as being part of …

Premier League board strips Chelsea owner Roman Abramovich of club directorship
2 years, 9 months ago

Premier League board strips Chelsea owner Roman Abramovich of club directorship

Hindustan Times  

The Premier League board has disqualified Chelsea owner Roman Abramovich as a director at the English top-flight soccer club after he was sanctioned by the British government over Russia's invasion of Ukraine, the league said in a statement on Saturday. Russian billionaire and owner of Chelsea football club Roman Abramovich Abramovich, who had been under scrutiny after Russia's invasion, said …

Premier League board disqualifies Chelsea owner Abramovich as a director at club
2 years, 9 months ago

Premier League board disqualifies Chelsea owner Abramovich as a director at club

The Hindu  

The Premier League board has disqualified Chelsea owner Roman Abramovich as a director at the English top-flight football club after he was sanctioned by the British government over Russia's invasion of Ukraine, the league said in a statement. Following the sanctions by the UK Government, the Premier League Board has disqualified Roman Abramovich as a Director of Chelsea Football Club …

Roman Abramovich has been ordered by Chelsea's soccer league to sell
2 years, 9 months ago

Roman Abramovich has been ordered by Chelsea's soccer league to sell

NPR  

Roman Abramovich has been ordered by Chelsea's soccer league to sell Enlarge this image toggle caption Matt Dunham/AP Matt Dunham/AP In an unprecedented ruling against a club owner, the Premier League ordered Roman Abramovich on Saturday to stop running Chelsea and sell up after he was sanctioned by the British government over Russia's war on Ukraine and his close links …

Chelsea fans reminded Roman Abramovich sanctioned for supporting Vladimir Putin’s ‘brutal assault’ on Ukraine
2 years, 9 months ago

Chelsea fans reminded Roman Abramovich sanctioned for supporting Vladimir Putin’s ‘brutal assault’ on Ukraine

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Prime Minister’s spokesman has urged Chelsea fans …

Government right to sanction Chelsea's Abramovich, says Liverpool Jurgen Klopp
2 years, 9 months ago

Government right to sanction Chelsea's Abramovich, says Liverpool Jurgen Klopp

The Hindu  

The British government was right to impose sanctions on Chelsea's Russian owner Roman Abramovich but the Premier League club's employees should not have to suffer for it, Liverpool manager Juergen Klopp said on Friday. Abramovich, who had been under scrutiny following Russia's invasion of Ukraine, announced he was selling the London club last week but that sale is now on …

Chelsea FC: Nick Candy still interested in buying despite uncertainty following Roman Abramovich sanctions
2 years, 9 months ago

Chelsea FC: Nick Candy still interested in buying despite uncertainty following Roman Abramovich sanctions

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nick Candy’s vision for a redeveloped Stamford Bridge …

What Does Roman Abramovich's Sanctions Mean For His Premier League Team Chelsea?
2 years, 9 months ago

What Does Roman Abramovich's Sanctions Mean For His Premier League Team Chelsea?

The Quint  

Chelsea’s football teams will continue with the remainder of their season, but the club cannot recruit new players or renew contracts of the current players. Meanwhile, sponsors have reacted negatively to the situation with Three, the main shirt sponsor with a deal worth £40 million yearly, temporarily suspending their agreement and asking for their logo to be taken off all …

Chelsea shirt sponsor Three suspends deal after Roman Abramovich sanctioned
2 years, 9 months ago

Chelsea shirt sponsor Three suspends deal after Roman Abramovich sanctioned

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chelsea’s shirt sponsor Three has suspended its deal …

Chelsea owner Roman Abramovich sanctioned by UK government
2 years, 9 months ago

Chelsea owner Roman Abramovich sanctioned by UK government

Op India  

The United Kingdom has added Russian oligarch and Chelsea football club owner Roman Abramovich to its list of sanctioned individuals as a response to Russia’s special military interventions against Ukraine. According to the reports, Roman Abramovich’s efforts to sell his football club Chelsea are in doubt after the UK government sanctioned the Russian oligarch and froze his assents in the …

Hunt is on for superyachts owned by Roman Abramovich and other Russian oligarchs sanctioned by UK
2 years, 9 months ago

Hunt is on for superyachts owned by Roman Abramovich and other Russian oligarchs sanctioned by UK

Daily Mail  

The hunt is on for multi-million pound superyachts in British waters owned by Roman Abramovich, Oleg Deripaska and other oligarchs who were warned by Boris Johnson today that there are 'no safe havens'. The hunt is on for multi-million pound superyachts in British waters owned by Roman Abramovich, Oleg Deripaska and other oligarchs who were warned by Boris Johnson today …

Roman Abramovich: Chelsea tycoon scrambling to save empire
2 years, 10 months ago

Roman Abramovich: Chelsea tycoon scrambling to save empire

Firstpost  

The UK government’s decision to freeze his assets cripples the activities of Chelsea Football Club, the jewel in Abramovich’s crown, and delivers another crushing blow to his business realm. London, United Kingdom: Roman Abramovich rose from a penniless background in Russia’s frozen north to become a multi-billionaire and a celebrity football tycoon, but his empire is teetering on collapse after …

Chelsea future uncertain after sanctions against owner Roman Abramovich
2 years, 10 months ago

Chelsea future uncertain after sanctions against owner Roman Abramovich

Hindustan Times  

European champions Chelsea are now effectively under the control of the British government after Russian owner Roman Abramovich was placed under sanctions on Thursday. SPECIAL LICENCE Chelsea are now operating under a special government licence, which allows some exemptions to the asset freeze restrictions, in order to allow the west London club to fulfil their fixtures. British government Culture Secretary …

Chelsea sale could still go through despite Roman Abramovich being sanctioned
2 years, 10 months ago

Chelsea sale could still go through despite Roman Abramovich being sanctioned

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Roman Abramovich has been sanctioned by the UK …

Chelsea owner Roman Abramovich, Oleg Deripaska among seven oligarchs hit by new UK sanctions, says government
2 years, 10 months ago

Chelsea owner Roman Abramovich, Oleg Deripaska among seven oligarchs hit by new UK sanctions, says government

Firstpost  

Chelsea Football Club owner Roman Abramovich was on Thursday hit with an assets freeze and travel ban as part of new UK government sanctions targeting seven Russian oligarchs. London, United Kingdom: Chelsea Football Club owner Roman Abramovich was on Thursday hit with a UK assets freeze and travel ban, throwing his plans to sell the European and world club champions …

Abramovich assets frozen by UK govt, allows Chelsea to continue playing
2 years, 10 months ago

Abramovich assets frozen by UK govt, allows Chelsea to continue playing

The Hindu  

Britain's government said on Thursday it would enable football club Chelsea to continue playing matches after it imposed sanctions on its owner, Roman Abramovich, halting his plan to sell the English Premier League side. Abramovich had put the club up for sale, but Britain's asset freeze and sanctions on him bar that process under the terms of the licence granted …

Chelsea faces restrictions as owner Abramovich sanctioned
2 years, 10 months ago

Chelsea faces restrictions as owner Abramovich sanctioned

Al Jazeera  

The sale of the club is now on hold and activities such as selling new tickets and signing players have been restricted. European football champions Chelsea are among the assets of Roman Abramovich frozen by the British government after he was sanctioned for his close links with Russian President Vladimir Putin. Abramovich, who had been under scrutiny following Russia’s invasion …

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