CHELSEA have released a short statement after Russian owner Roman Abramovich was sanctioned by the UK Government.
Abramovich had his assets frozen as a result of his ties to Russian president Vladimir Putin.
Abramovich has been sanctioned by the UK Government Credit: AFP
The Russian has had his assets frozen, including Chelsea, and he will now not be able to sell the club Credit: REUTERS
Chelsea are unable to sell merchandise as a result of the sanctions Credit: REUTERS
Chelsea’s club score closed two hours after it was announced that Abramovich was sanctioned Credit: STEFAN ROUSSEAU/PA WIRE Chelsea are unable to sell home or away match tickets, buy, sell or extend players’ contracts and cannot sell merchandise – forcing the club shop to shut.
The Blues can, however, sell food and drink on matchdays.
Chelsea’s statement read: “By virtue of his 100 per cent ownership of Chelsea FC plc and affiliated entities, Chelsea FC would normally be subject to the same sanctions regime as Mr Abramovich.
“However, the UK Government has issued a general licence that permits Chelsea FC to continue certain activities.
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Get £50 in free bets with William Hill when you bet £10 on the football “We will fulfil our men’s and women’s team fixtures today against Norwich and West Ham, respectively, and intend to engage in discussions with the UK Government regarding the scope of the licence.
“This will include seeking permission for the licence to be amended in order to allow the Club to operate as normal as possible.
“We will also be seeking guidance from the UK Government on the impact of these measures on the Chelsea Foundation and its important work in our communities.
“The Club will update further when it is appropriate to do so.”
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The club could also potentially lose out on tens of millions in sponsorship deals.
Shirt sponsors Three are ‘reviewing’ their commercial partnership with the club.
Chelsea could lose their £40million-a-year sponsorship deal with telecommunications company.
Official Chelsea partners Zapp are also reviewing their partnership with the club.
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Source: Soccer - thesun.co.uk