Roman Abramovich has been sanctioned by the Government and his asserts – including Chelsea Football Club – have been frozen.
Chelsea have been given a special licence to continue with football related activities but the sale effectively bars the sale of the clubAbramovich is one of seven high-profile oligarchs who have been sanctioned by the government.
The others include Oleg Deripaska, the owner of the EN+ Group, and Igor Sechin, the chairman of RosneftSanctioning Chelsea Football Club effectively places it in limbo.
A special licence from the Treasury means that ‘football-related activities’ such as tonights game against Norwich can go ahead.
But Abramovich cannot sell the clubThe Government would need to give special dispensation for the sale of Chelsea, and no money could go to Abramovich either directly or indirectly
‘He [Abramovich] will not get a penny from the sale of the club’
Likely to be a protracted process.
