Connect with us

    Hi, what are you looking for?

    DocupdatesDocupdates

    News

    UK government freezes Abramovich’s assets, including Chelsea

    The United Kingdom’s government issued a statement on Thursday announcing the freezing of the assets of seven Russian billionaires.

    This includes Roman Abramovich, who maintains the club’s owner despite his intentions to sell. Igor Sechin, Oleg Deripaska, Andrey Kostin, Alexei Miller, Nikolai Tokarev, and Dmitri Lebedev are all impacted, although Abramovich is the most well-known due to his ownership of Chelsea.

    “There can be no safe havens for those who have supported Putin‘s vicious assault on Ukraine,” Boris Johnson, the prime minister of the UK, said.

    “Today’s sanctions are the latest step in the UK’s unwavering support for the Ukrainian people. We will be ruthless in pursuing those who enable the killing of civilians, destruction of hospitals and illegal occupation of sovereign allies.”

    Before selling the club, Abramovich had his assets frozen. Chelsea Abramovich attempted to sell the club in anticipation of such a punishment.

    He declared last week that he would consider offers, but there was no time to sell the club, even with the first formal bids due this week.

    As a result, Chelsea may be impacted by Abramovich’s decision to freeze his assets. Nadine Dorries, the UK’s minister of state for sport, issued her own statement in an attempt to reassure Chelsea fans.

    “Today’s sanctions obviously have a direct impact on Chelsea and its fans,” she said. “We have been working hard to ensure the club and the national game are not unnecessarily harmed by these important sanctions.

    “ To ensure the club can continue to compete and operate we are issuing a special licence that will allow fixtures to be fulfilled, staff to be paid and existing ticket holders to attend matches while, crucially, depriving Abramovich of benefiting from his ownership of the club.

    “I know this brings some uncertainty, but the government will work with the league and clubs to keep football being played while ensuring sanctions hit those intended. “Football clubs are cultural assets and the bedrock of our communities. We’re committed to protecting them.”

    Source: Docupdates.com

    Click to comment

    Leave a Reply

    Advertisement