The Russian Billionaire has seen his assets in the UK frozen following his sanction announcement last week
Chelsea Football Club is greatly affected by the sanction labelled on Roman Abramovich amid the ongoing crises between Russia and Ukraine.
The West Londoners are currently restricted in several aspects as long as the Government hasn’t changed it’s mind on Roman Abramovich and his assets.
Although the sanction affecting Chelsea came as an absolute disappointment after the Government made mention that the football club would be excluded to in any sanction labelled against Abramovich.Embed from Getty Images
But with the sanction in place, the club has learnt of the heavy restrictions placed on them, including inability to sign new players and also extend contracts.
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The club is now in fear of losing their players who will soon run out of contract should things remain unchanged for them by the end of the season.
Meanwhile following latest reports from our sources, the club could be let of the hook very soon as they have as a body already engaged the government in several meetings that could soon see the limits lifted.Embed from Getty Images
It’s believed that with the right steps, the bans would be lifted before the end of the season and the club could get back to activities as usual.
On the other hand, Roman Abramovich even before the sanction has agreed to sale the club as he even made an official announcement via the club website, inviting potential buyers for the club.
Even during the time he was sanctioned, the 55-year-old was already talking with buyers which included a friend of his from Turkey.
Should the limitations be lifted, Mr Roman Abramovich would have more ease to sell the club and send the profits to Ukraine as he already promised before the sanction was pronounced on him.Embed from Getty Images
Chelsea managed a 1-0 stunning win on Sunday evening against a Newcastle United side that has been in a super fine form since the start of the new year.
The Blues will be looking to get back into action this week when they lock horns with Lille for their second leg of the UCL tie round of 16.