Roman Abramovich: Sanctions of Chelsea owner by UK government halt club's sale
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.
Chelsea Sport News
Chelsea Sale On Hold Due To UK Sanctions On Roman Abramovich: Government
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.
Chelsea sale on hold due to UK sanctions on Abramovich
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."
The Premier League table since Roman Abramovich bought Chelsea
Then Chelsea manager Claudio Ranieri was able to spend £120million on a host of new signings in Abramovich’s first summer but was still replaced by Jose Mourinho in 2004.
Roman Abramovich sanctioned by UK government, with English Premier League club Chelsea among assets frozen
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.
BREAKING | UK govt freezes Chelsea boss Abramovich's assets, club sale effectively put on hold
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.
Chelsea owner Roman Abramovich added to UK's Russian sanctions list
The U.K. government said on Thursday it had imposed asset freezes on seven Russian businessmen including Roman Abramovich, Igor Sechin, Oleg Deripaska and Dmitri Lebedev after they were added to the country's sanctions list.
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