As a result of the Russian aggression against Ukraine, many oligarchs lost some of their fortunes. He knows something about it. . This means that the owner of Chelsea cannot sell the club. What’s more – the assets he has accumulated in the UK have been frozen. And what does this mean for Chelsea, which Abramovich was just about to sell after 19 years of rule?
“Due to Abramovich’s 100% participation, the club would under normal circumstances be subject to the same sanctions as Abramovich. However, the British government has allowed Chelsea to continue some activities. The men’s team will play against Norwich today and the women’s team will play West Ham United. with the government about the scope of the license. Discussions will be about obtaining approval to change the license to allow the club to operate normally. We will also seek guidance from the government about the impact of the funding on the Chelsea Foundation and its important social role. will give further information, “reads the statement on Thursday.
Chelsea must comply with strict restrictions
Chelsea’s situation has gotten really tough. Due to the sanctions imposed directly on the club owner, the club must operate within certain restrictions. According to the decision of the British authorities, Chelsea can make payments “necessary for the continuation of the club’s operation”. Only season pass holders can enter Chelsea’s home games, and visiting supporters will not be allowed to enter the stands at all. The club is still to make all payments to all employees.
Chelsea will not be able to negotiate the renewal of contracts, which means that the club will leave, among others Antonio Rudiger, Cesar Azpilicueta and Andreas Christensen. At the same time, the club will not be able to sign contracts with new players. The money that will go to Chelsea incl. from broadcasting rights, may be withdrawn from the club. Furthermore, Chelsea were charged a £ 20,000 cap on travel expenses to and from matches. However, as emphasized, the government may allow the limit to be raised for away matches in the European competition.
In 2003, Abramovich bought Chelsea for 140 million euros and became one of the first billionaires to play football. During his presidency, the club won 21 titles, winning the Premier League five times, the Champions League twice and the Europa League once. This season, the club also won the European Super Cup and the club world championship. However, it is hard to resist the impression that the Russian in part simply wanted to improve his image thanks to sports investments. The English refer to this mechanism as “sportswashing”.
The more it is worth considering when you read the latest reports of the Daily Mail.
Source: Sport
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
