Roman Abramovich Will No Longer Be Able To Sell Chelsea FC After Ban By Britain On All His Assets
Chelsea owner, Roman Abramovich has been sanctioned by the UK government effectively cutting off his ability to sell the club.
The ban comes over the alleged invasion of Ukraine by Russia.
The billionaire Russian oligarch will have all his assets frozen, banned from coming to Britain and from doing business there.
According to UK Sun, Chelsea will be granted a special licence to continue playing but Abramovich will have no gain from the club. The club is also not allowed to sell tickets – with only season ticket holders being able to attend fixtures.
In a statement on Thursday March 10, UK Prime Minister, Boris Johnson said: “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.”
Abramovich is among seven Putin cronies sanctioned today to keep twisting the thumbscrews on Russia for invading Ukraine.