Chelsea owner Roman Abramovich sanctioned by UK Government
Lately, it was heard that Chelsea, the known football club is available to be sold. Thus, potential buyers from various countries, including Pakistan seemed interested in buying the famous football club, Chelsea. However, Roman Abramovich the owner of Chelsea has been restricted by the Government of the UK in terms of selling his assets. Thus, his assets are frozen and a ban is imposed on his travel.
Abramovich has had “his assets frozen, a prohibition on transactions with UK individuals and businesses, a travel ban and transport sanctions” imposed on him.
Nadine Dorries, the minister for Sport and Culture, tweeted: “I know this brings some uncertainty, but the Government will work with the league & clubs to keep football being played while ensuring sanctions hit those intended. Football clubs are cultural assets and the bedrock of our communities. We’re committed to protecting them.”
“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. This licence will only allow certain explicitly named actions to ensure the designated individual is not able to circumvent UK sanctions. The licence will be kept under constant review and we will work closely with the football authorities.”