Chelsea's Future Uncertain as UK Govt Sanctions Roman Abramovich | Spurzine
FILE - Chelsea soccer club owner Roman Abramovich attends the UEFA Women's Champions League final soccer match in Gothenburg, Sweden on Sunday, May 16, 2021. Abramovich, a former Russian provincial governor and Vladimir Putin ally who became a steel and metals magnate, is now a dual Israeli citizen with a net worth estimated at more than $13 billion. He has used his fortune to buy the British soccer club Chelsea and homes in London and New York. (AP Photo/Martin Meissner, File)

Chelsea’s Future Uncertain as UK Govt Sanctions Roman Abramovich

Chelsea is facing a hard road ahead as its owner Roman Abramovich has been sanctioned by the UK government, banning the Russian businessman from transactions with UK individuals and businesses.

Meanwhile, Chelsea has been given a special license to continue operating with only existing ticket-holders allowed to attend games.

According to the UK government, Roman Abramovich faces a prohibition on transactions with UK individuals and businesses, a travel ban and transport sanctions. It also means that Abramovich is now unable to sell the club.

The government have also granted Chelsea a special license to allow fixtures to be fulfilled, staff to be paid and existing ticket holders to attend matches. It is unclear if the license covers just Chelsea’s first team or all teams, including the women’s and junior sides.

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.”

A government statement said: “Given the significant impact that today’s sanctions would have on Chelsea football club and the potential knock-on effects of this, the Government has this morning published a licence which authorises a number of football-related activities to continue at Chelsea.

“This includes permissions for the club to continue playing matches and other football-related activity which will, in turn, protect the Premier League, the wider football pyramid, loyal fans and other clubs. This licence will only allow certain explicitly named actions to ensure the designated individual is not able to circumvent UK sanctions. The licence will be kept under constant review and we will work closely with the football authorities.”

UK Government sanctions Roman Abramovich stopping him from selling Chelsea

Reports also state that the game between Chelsea and Norwich will go ahead without any interruptions as anticipated earlier.

A Chelsea Supporters’ Trust Spokesperson said: “The CST notes with concern the Government’s statement regarding the owner. Supporters must be involved in any conversation regarding ongoing impacts on the club and its global fan base.

“The CST implores the Government to conduct a swift process to minimise the uncertainty over Chelsea’s future, for supporters and for supporters to be given a golden share as part of a sale of the club.”

Abramovich, who last month put Chelsea up for sale due to the threat of government action, has been sanctioned along with six of Russia’s wealthiest and most influential oligarchs, whose business empires, wealth and connections are closely associated with Vladimir Putin’s regime. They have a net worth of £15bn.

Prime Minister Boris Johnson said: “There can be no safe havens for those who have supported Putin’s vicious assault on Ukraine.

“Today’s sanctions are the latest step in the UK’s unwavering support for the Ukrainian people. We will be ruthless in pursuing those who enable the killing of civilians, destruction of hospitals and illegal occupation of sovereign allies.”

Abramovich has owned Chelsea since 2003 and the club has won 21 trophies in 19 years during his stewardship.

 

Check out: Why Your Mental and Physical Health Should be Valued and Taken Seriously

Subscribe to our newsletter now and know about the latest hottest music, lyrics, and lugambo of the week!

Allan Bangirana

Allan Bangirana is a freelance writer for Newslibre & Spurzine. He is passionate about tech, and games and occasionally writes about entertainment, lifestyle and so much more.

Leave a Reply

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

Spurzine
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.