UK Freezes Roman Abramovich Assets, Stops Him From Selling Chelsea

The United Kingdom has sanctioned Russian billionaire Roman Abramovich and frozen his assets, including Chelsea Football Club.

However, Chelsea have been given a special license to continue football-related activities.

Abramovich has been penalised as part of the British Government’s sanctions on numerous high-profile Russians who have ties to President Vladimir Putin over the recent invasion of Ukraine, as seen in a letter by HM Treasury’s Office of Financial Sanctions released on Thursday.

Abramovich is one of seven high-profile oligarchs who have been sanctioned by the Government; others include Oleg Deripaska, the owner of the EN+ Group, and Igor Sechin, the chairman of Rosneft.

With the latest update, NewsBreak understands that ‘football-related activities’ such as tonight’s game against Norwich can go ahead.

The Government would need to give special dispensation for the sale of Chelsea, and no money would go to Abramovich either directly or indirectly.

NewsBreak reported how Roman had slapped a £3bn price tag on the European Champions over the fear of a likely sanction from the UK government.