Chelsea Owner Roman Abramovich Officially Sanctioned By UK Government

InChelsea Owner Roman Abramovich Officially Sanctioned By UK Government

Chelsea owner and Russian billionaire Roman Abramovich had his assets frozen and has been prohibited from making transactions with UK individuals and businesses.

A travel ban and transport sanctions have also been imposed on Abramovich.

“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,” Prime Minister Boris Johnson said.

Implications of the Sanction

Chelsea can still operate as a Premier League side under a special licence, but any potential sale is now on hold.

The Blues will not be allowed to sell any more tickets, meaning only season ticket holders can go to games for the foreseeable future.

Chelsea owner Roman Abramovich has been officially sanctioned. All UK assets frozen: sale of the club on hold. No merchandise or ticket sale allowed. ???? #CFC

Statement also reports that “new contracts, player transfers or merchandise sales for Chelsea have been prohibited”. pic.twitter.com/UYX7NaMO1f

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— Fabrizio Romano (@FabrizioRomano) March 10, 2022

Chelsea Owner Roman Abramovich Officially Sanctioned By UK Government