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Future glum for glamour club Chelsea after new UK sanctions

Simon Beaumont
Article image for Future glum for glamour club Chelsea after new UK sanctions

One of the world’s biggest sporting clubs is in chaos, after crushing sanctions were imposed on its owner by the UK government, leaving its players and fans in limbo.

The assets of Chelsea FC owner Roman Abramovich were frozen by Boris Johnson’s government overnight, as it dramatically stepped up sanctions against prominent Russians over the Ukraine invasion.

Abramovich and six others face a full asset freeze and travel ban, and are prohibited from transacting with UK citizens or businesses, effectively derailing the Russian’s plan to sell the popular EPL club for $5 billion.

The new sanctions mean Chelsea can’t sell new tickets for any of its matches, while its merchandise stores will close and player transfers and new contracts banned indefinitely.

Former Chelsea player and UK radio and TV host Jason Cundy said Abramovich knew he had no future in the UK but the latest moves have rocked the popular club to its core.

“Basically Boris Johnson now owns Chelsea Football Club… that’s a scary thought isn’t it?” Cundy told Liam Bartlett on 6PR Mornings on Friday.

Tap PLAY below to hear more on the evolving situation.

Simon Beaumont
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