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Abramovich’s ban Effect on Chelsea

The British government officially imposed sanctions to Roman Abramovich on Thursday (10/3/2022). The sanctions provided by the British government to Roman Abramovich resulted in a great effect on Chelsea.

Reporting from Sky Sports, all assets of Roman Abramovich have now been frozen. Abramovich is also prohibited from conducting transactions with individuals and running businesses in the United Kingdom so he cannot benefit from Chelsea anymore.

In addition, the 55-year-old conglomerate received a ban on travel ban and transportation sanctions. The British government claimed Abramovich as one of the Russian oligarchs who had a close relationship with the Russian President, Vladimir Putin. Foreign Minister Liz Truss said that the parties who had a close relationship with Vladimir Putin meant involvement with Russian invasion to Ukraine.

The aftermath of this sanction, Abramovich who has intended to sell Chelsea cannot do it. As a result, Chelsea also felt the impact of this ban. Reporting from various sources, the following 7 Effects of Abramovich to Chelsea:

  • Chelsea are now under an effective transfer embargo, borrowing players and recruiting new players permanently prohibited.
  • Chelsea are prohibited from selling new match tickets. However, seasonal ticket holders are still allowed to attend the match at Stamford Bridge.
  • Chelsea away travel costs will be limited and cannot exceed 20,000 pounds per match.
  • Club expenditures for security, care, and catering costs are only limited to 500,000 pounds per match.
  • Prohibition of merchandise sales and closure of official club stores.
  • Installment from broadcasting rights and gifts is acceptable, but will be frozen.
  • Any development ban on Stamford Bridge. Although there are a number of freezing financial benefits, Chelsea staff and players will continue to be paid.

Meanwhile, according to British sports journalists, Sam Wallace, the punishment for Chelsea in the form of this limited operating license is valid until May 31, 2022. However, the British government can change, revoke, or suspend it anytime.

Until then, there would be no new contracts for Chelsea players whose work bonds expired this season such as Thiago Silva, Cesar Azpilicueta, and Antonio Ruediger. However, greater questions are how Chelsea can be sold and survive amid the effect of this strict.

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