ROMAN Abramovich, the wealthy Russian businessman who owns Chelsea Football Club, has had his money frozen by the UK.
Abramovich is one of more than a dozen wealthy Russians who are facing sanctions (financial punishments) from the Government, over their close ties to Russian President Vladimir Putin. They have been banned from using their bank accounts or selling possessions and property.
The Chelsea owner is also part-owner of Russia’s biggest steel factories, and has been described as having “very good relations” with the Russian president by the European Union, which has also put sanctions on Abramovich.
The UK’s sanctions extend to Chelsea Football Club, who are no longer allowed to sell merchandise or tickets to matches, although tickets already sold will still be valid.
The Government has also blocked Abramovich from selling the football club, unless it’s absolutely certain that the Russian owner won’t get any money from the sale.
Right now, the club can’t sell any players either, but it’s thought if they’re given permission, then Chelsea could be saying goodbye to their highest paid players, such as Romelu Lukaku, to raise some much-needed funds.
What do you think? Should Chelsea be punished because of its owner? Let us know your thoughts in the comments below!