Chelsea owner Roman Abramovich has been sanctioned by the UK government over Russia’s continued invasion of neighboring Ukraine, putting the club’s future in jeopardy.
The sanctions aim to prevent the 55-year-old from making any money in the UK, including from Chelsea. Abramovich can make an application to the UK government to sell Chelsea in the future, so long as he does not profit or make any money from the sale.
According to the “special license” granted to Chelsea by the Russian government, Abramovich has put Chelsea up for sale – but the asset freeze and sanctions against him halt that process.
The sale of the club can now only progress if Abramovich is able to prove to the UK government that he will not personally benefit from the transaction.
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 document published on Thursday claimed Abramovich has had a “close relationship for decades” with the Russian president, Vladimir Putin