The English Premier League removed Abramovich from the management of Chelsea, and the club itself may go bankrupt

The English Premier League removed Abramovich from the management of Chelsea, and the club itself may go bankrupt

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The Council of the English Premier League removed the sanctioned Russian businessman Roman Abramovich from the management of the London Chelsea. It is reported by RBC with reference to the press service of the league.

The decision is related to the sanctions that the UK government has imposed on the Russian oligarch. It is reported that the removal of Abramovich will not affect the competitive activity of the club.

Earlier it became known that Roman Abramovich’s deposits in American private investment funds were blocked, and his yacht sailed to Montenegro and anchored near Cape Selyanovo. The ship departed Barcelona on March 8 following the imposition of EU sanctions against Russian oligarchs. Perhaps the movement of the yacht is connected with an investigation in Portugal into the circumstances of Abramovich’s obtaining the citizenship of this country.

Meanwhile, The Telegraph reports that the sanctions imposed on the Russian businessman could lead Chelsea to bankruptcy. According to the newspaper, the club has warned the British government that the effect of the anti-Russian measures could jeopardize the ability to complete the current season.

In addition, the club reported that now they can spend 500 thousand pounds on the match (the standard was 800). Due to the fact that with such an amount it will not be possible to provide food and security in some sectors of the stadium, they may have to be closed.

Recall that next week in the UK, the law on economic crimes will come into force, which will allow even faster to impose sanctions against Russia and its citizens.

Source: Rosbalt

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