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Chelsea financially perilous after U.K. sanctions on Russian billionaire owner Roman Abramovich
Lavish spending, sustained only by Roman Abramovich's investment, funded Chelsea's 21 trophies during his 19 years as owner. Now there are fears the Premier League club could run out of money after the British government sanctioned the Russian oligarch and froze his assets.
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Chelsea credit cards frozen by Barclays following Abramovich sanctions - sources
Chelsea's ability to operate on a day-to-day basis was complicated further on Friday after Barclays temporarily froze the club's credit cards, sources have told ESPN.
Chelsea financially perilous after Abramovich is sanctioned
LONDON: Lavish spending, sustained only by Roman Abramovich’s investment, funded Chelsea’s 21 trophies during his 19 years as owner. Now there are fears the Premier League club could run out of money after the British government sanctioned the Russian oligarch and froze his assets.
Chelsea have bank accounts temporarily frozen amid Roman Abramovich sanctions
Chelsea have had several accounts temporarily frozen while banks assess the Stamford Bridge club’s new operating licence, the PA news agency understands.