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Wales Online
Wales Online
National
Phil Norris

Full Chelsea FC statement after owner Roman Abramovich sanctioned by UK Government

Chelsea FC has reacted after the UK Government imposed asset-freezing sanctions on owner Roman Abramovich. The Russian has owned Chelsea since 2003 but put the club up for sale on March 2 in the wake of Russia’s continued invasion of Ukraine.

In a statement issued on Thursday lunchtime, Chelsea FC said it has been advised that owner Abramovich has been sanctioned by the UK Government. He was one of seven oligarchs hit by sanctions.

The statement said: "By virtue of his 100 per cent 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."

Chelsea FC owner Roman Abramovich was sanctioned was over his links to Vladimir Putin as the UK targeted a fresh round of oligarchs accused of having the “blood of the Ukrainian people on their hands”.

Branded a pro-Kremlin oligarch, Mr Abramovich was hit with an asset freeze and a travel ban on Thursday after ministers came under sustained pressure to target him over the Russian President’s invasion of Ukraine.

The updated sanctions list, which hits seven new Russian elites, said Mr Abramovich has had a “close relationship for decades” with Mr Putin, which the billionaire has previously denied.

“This association has included obtaining a financial benefit or other material benefit from Putin and the government of Russia,” the Government says.

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