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Chelsea owner Roman Abramovich has been sanctioned by the UK government as part of their attempts to crack down on wealthy Russians with assets within the country.
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Roman Abramovich's attempt to sell Chelsea has been halted after the oligarch was sanctioned by the UK government as part of its response to Russia's invasion of Ukraine.
Roman Abramovich's hopes of selling European champions Chelsea were put on hold on Thursday after the UK government hit the Russian billionaire with an assets freeze. The finance ministry said restrictions "apply to any entities that are owned or controlled by Roman Abramovich", adding: "This means Chelsea Football Club is now also subject to an asset freeze under UK financial sanctions."Abramovich was on Thursday hit with an assets freeze and travel ban as part of new UK government sanctions targeting seven Russian oligarchs. Among others sanctioned are leading industrialist Oleg Deripaska, Rosneft chief executive Igor Sechin and the head of Gazprom Alexei Miller, the government announced.
The finance ministry said restrictions "apply to any entities that are owned or controlled by Roman Abramovich", adding: "This means Chelsea Football Club is now also subject to an asset freeze under UK financial sanctions."
Chelsea FC owner Roman Abramovich has been sanctioned by the UK for his links to Vladimir Putin as the British government pressures Russia over its invasion of Ukraine.
Britain has imposed a travel ban and asset freezes on seven more wealthy Russians, including Roman Abramovich, the billionaire owner of Premier League soccer club Chelsea.