The owner of Chelsea, Roman Abramovich is officially no longer a director at the Premier League club days after the government of the United Kingdom froze the assets of the Russian billionaire.
The Premier League board announced in a statement that since the UK government has sanctioned the Russian billionaire, Abramovich was disqualified from being a director at the club.
Recall that on February 24, 2022, Russia’s President Vladimir Putin ordered the country’s troops to invade Ukraine. Since the president made the order, there has been a series of reports claiming that Russia’s troops have killed a series of Ukrainian people.
Due to reports that Abramovich has ties with president Putin, everything linked to him in the UK has been frozen including Chelsea. But Chelsea has been given a special license to enable the club to continue to play their games.
However, they can not sell new tickets, they can not sell their kits, they can not renew contracts and they can not sign new players.
A statement from the Premier League club read: “Following the imposition of sanctions by the UK Government, the Premier League Board has disqualified Roman Abramovich as a Director of Chelsea Football Club. The Board’s decision does not impact on the club’s ability to train and play its fixtures, as set out under the terms of a license issued by the Government which expires on 31 May 2022.”
According to reports, Chelsea are no longer allowed to spend more than £20,000 on travel to away matches. They are no longer allowed to spend more than £500,000 on staging home games.
To enforce the sanction, Barclay’s bank has reportedly suspended Chelsea’s credit cards to prevent the Premier League club from breaching the government’s sanctions.
Roman Abramovich has been disqualified as director of Chelsea following the sanctions from UK government, Premier League statement reports. 🔵 #CFC
— Fabrizio Romano (@FabrizioRomano) March 12, 2022
The sale of Chelsea is still on with or without Roman Abramovich
When Roman Abramovich’s was sanctioned earlier in the week by the UK government, the plan to sell Chelsea was placed on hold which brought about uncertainties at the club.
Recall that when Russia invaded Ukraine on February 24, and pressure on Chelsea and Roman Abramovich escalated, the Russian billionaire put Chelsea up for sale.
Abramovich placed a price tag of three billion pounds on Chelsea. But the process was halted when the UK government slammed a sanction on the Russian billionaire.
But on Thursday, some stakeholders at the club met with the UK government and the two bodies agreed to allow the bidding process to go on. This means that before the 2021-2022 Premier League season ends in May, Chelsea could have a new owner.
Abramovich has been the owner of Chelsea since 2003. In the last 19 years, the Russian billionaire has invested close to two billion pounds in the club. His investment has helped the club to win all the titles available in club football.
"Did you care, really, when Roman Abramovich came to Chelsea?"
— Sky Sports News (@SkySportsNews) March 12, 2022
Jürgen Klopp gives his view on Roman Abramovich's ownership of Chelsea. pic.twitter.com/qPXKKlkDAf
17 responses to “Roman Abramovich has been disqualified as a director of Chelsea by the Premier League board, sales of Chelsea is on”
[…] club is the 4th most followed Premier League club. The club gained more prominence in 2003 after Russian billionaire, Roman Abramovich became the owner of the […]
[…] buying Chelsea in 2003, the billionaire has brought the club extraordinary success, but Boris Johnson’s official spokesman says that supporters should not be blinded by […]
[…] Since Thursday, March 10, 2022, the government of the United Kingdom has stopped Chelsea from selling match tickets and merchandise. The club is now operating on a special license since the UK government has sanctioned the club’s owner Roman Abramovich. […]
[…] Following the freezing of Russian owner Roman Abramovich’s assets, the authorities granted Chelsea a license to continue playing. […]
[…] decision was made in the aftermath of Russia’s invasion of Ukraine, and Abramovich is known to have close ties to Russian President Vladimir […]
[…] Tuchel and his boys recorded the second leg victory amid sanctions against the club’s owner Roman Abramovich by the government of the United Kingdom and the European […]
[…] that Roman Abramovich, the owner of Chelsea since 2003, had to put up Chelsea for sale due to criticism against him and […]
[…] Blues have been rocked by the sanctions imposed on owner Roman Abramovich in the aftermath of Russia’s invasion of Ukraine, and they face each other at the Riverside Stadium on Saturday […]
[…] The report claims that the 29-year-old German defender could be among the first footballers at Chelsea that might exit the club amid the ongoing sanctions against the club’s owner Roman Abramovich. […]
[…] had less than 700 fans in the stadium due to the UK’s sanction on the club’s owner Roman Abramovich which prevented the club from selling […]
[…] that since March 2, 2022, the outgoing owner of Chelsea, Roman Abramovich placed the Premier League side up for sale. The Russian billionaire who has been the owner of the […]
[…] offers on April 11, clearing the way for a new owner to seek government approval to take over from Roman Abramovich by the end of the […]
[…] that Roman Abramovich who has been the owner of Chelsea since 2003, was left with no choice but to put up the club for […]
[…] The outgoing owner of Chelsea football club, Roman Abramovich, and Ukrainian peace negotiators suffered symptoms of suspected “chemical weapons” poisoning after they attended the peace talks between Ukraine and Russia on the night of 3 to 4 March 2022. […]
[…] The Chelsea FC owner reportedly suffered from stinging eyes and peeling skin but has since recovered. […]
[…] The outgoing owner of Chelsea football club, Roman Abramovich has resumed his role as a member of the team trying to broker peace between his country, Russia and Ukraine. […]
[…] Unfortunately, it was in the middle of the inconclusive negotiation that Russia’s President Vladimir Putin ordered his troops to invade Ukraine. The ongoing invasion forced the government of the United Kingdom to slam sanctions on the club’s owner and Russian billionaire Roman Abramovich. […]