Chelsea owner Roman Abramovich has been penalised by the UK government which means he is now unable to sell the club.
Abramovich has had “his assets frozen, a prohibition on transactions with UK individuals and businesses, a travel ban and transport sanctions” imposed on him.
There are chances he will be unable to sell the club due to the restraints placed on him. The government granted Chelsea a special license “which authorises a number of football-related activities to continue. 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”.
Abramovich’s sanction comes along with six of Russia’s affluent and most influential oligarchs, whose businesses, wealth and connections are closely linked with Vladimir Putin’s regime. They have a net worth of £15billion.