Home Business News Chelsea FC issues a statement after Roman Abramovich is hit with sanctions seizing his assets

Chelsea FC issues a statement after Roman Abramovich is hit with sanctions seizing his assets

by LLB staff reporter
10th Mar 22 2:52 pm

Roman Abramovich who owns 100% of Chelsea FC has been sanctioned the British government along with other Russian oligarchs.

The football club has released a statement to reassure their fans and said activities will continue.

An official statement read, “By virtue of his 100% 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,

“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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