The problems for Chelsea football club don’t seem to come to an end soon as the club owner Roman Abramovich has been sanctioned by the British Government. As a result, the Russian businessman will not be able to sell his club.
Earlier, Abramovich confirmed that he is stepping down from the club ownership. Later, he announced that the club is now for sale and he is ready to accept offers. Chelsea’s owner confirmed that he is doing all these for the better future of the club. However, this turnaround can cost Chelsea as the club cannot be sold right now.
Why Roman Abramovich Was Sanctioned By British Government And How This Affects Chelsea
The British government sanctioned seven Oligarchs including Roman Abramovich. The official announcement said, “Given the significant impact that today’s sanctions would have on Chelsea football club and the potential knock on effects of this, the Government has this morning published a licence which authorises a number of football-related activities to continue at Chelsea.”
“This includes permissions for the club to continue playing matches and other football related activity which will in turn protect the Premier League, the wider football pyramid, loyal fans and other clubs.”
Earlier, Roman Abramovich’s assets were frozen and now this decision means he cannot sell Chelsea now.
The trouble began for the Russian businessman when the Russia-Ukraine conflict went on to its peak. UK government decided to reply to the incidence by applying sanctions. This, as a result, forced Roman Abramovich to step down as owner and sell the club.
Some famous names were linked to buying the club including Irish UFC player Conor McGregor.
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As of now, there are no official confirmations made and the new sanctions will keep the selling on hold for next few months.