The British government’s move to make the future of Chelsea Football Club uncertain. Britain has officially frozen seven Russian rich people, including Abramovich, in a bid to put pressure on Russia’s occupation of Ukraine. This would be a setback for Russian tycoon Roman Abramovich’s plans to sell Chelsea. Only season ticket holders can now watch Chelsea’s matches. Britain’s actions include that tickets for the matches can no longer be sold. But Chelsea will not be barred from playing in the tournament.
If the British government goes ahead with the penalty, Chelsea will suffer a setback. Britain is the first country to take action against people close to Putin as part of its pressure on Russia. The UK government has taken action against seven individuals, including Abramovich, with assets worth 15 15 billion. All of Abramovich’s assets in the UK will be frozen. Cannot make transactions with British citizens. Penalties also include Abramovich’s inability to enter Britain.
Abramovich, realizing the possibility of the British government taking action against him, first transferred the club to the ownership of a charitable trust. Preparations for the sale began when it became clear that the move would not succeed. He said the proceeds from the sale of the club would go to the victims of the war in Ukraine. Britain have announced further action to buy Chelsea at a time when there have been around 20 offers, including from Swiss billionaire Hans Jorge Weiss and American investor Todd Bohley.
Chelsea owner Roman Abramovich has been officially sanctioned. All UK assets frozen: sale of the club on hold. No merchandise or ticket sale allowed. ???? #CFC
Statement also reports that “new contracts, player transfers or merchandise sales for Chelsea have been prohibited”. pic.twitter.com/UYX7NaMO1f
– Fabrizio Romano (@FabrizioRomano) March 10, 2022
In 2018, Abramovich’s application for a UK visa extension was delayed and subsequently withdrawn. A spokesman for Ibrahimovic said he had traveled to London as an Israeli citizen and could enter the UK without a visa. Abramovich was granted citizenship by Israel in 2018. Israel’s donation of 74 74 million ($ 100 million) to the Immigration Construction Organization has sparked controversy.
Abramovich received a Tier 1 visa that allowed wealthy people to invest in the UK. Abramovich, Russia’s richest man, is believed to be close to President Vladimir Putin.
Abramovich joined English Premier League side Chelsea in 2003 at the age of 36. Chelsea have won the Premier League only once in their 116 – year history. Won three FA Cups and won the League Cup twice. Later, the English football world saw Chelsea winning trophies under the power of Abramovich’s fat money. Chelsea then went on to win the Premier League five times in 18 years. They have twice won the UEFA Champions League and the UEFA Cup. He has won the FA Cup five times and the League Cup three times.