The fines imposed on Roman Abramovich by the United Kingdom government are expected to have a direct impact on the operation of Chelsea Football Club.
Last week, the Russian billionaire said that he was prepared to sell the club as a result of the mounting pressure placed on him as a result of the crisis between Russia and Ukraine.
Meanwhile, other investors were ready to submit offers when it was revealed early on Thursday morning that the United Kingdom government had frozen all of Abramovich’s assets.
These new fines would further restrict the ability of Chelsea’s owner to sell the club, which is presently functioning under a temporary special license.
In contrast, Chelsea’s unique licence permits the club to pay its workers’ salary as well as their pensions and allowances, as long as they are in the same category as other employees.
Below are six things that the club can and cannot do after Abramovich’s sanctions:
- Ticket sales to home and away fans are prohibited
- Season tickets are, however, still valid
- Club not allowed to sell merchandise
- Club is allowed to pay pensions, allowances, taxes and insurance of employees
- Club not allowed to make any transfers
6. Club not allowed to renew any contracts
Roman Abramovich's assets have been frozen by the UK government, meaning he is unable to sell Chelsea.
▪️ Further ticket sales to home and away fans are prohibited
▪️ Season tickets still valid
▪️ No merchandise sales allowed
▪️ No transfers
▪️ No contract renewals pic.twitter.com/igoCglPrAu
— B/R Football (@brfootball) March 10, 2022
Salaries can still be paid: Licence details: pic.twitter.com/25tfIjKmII
— Martyn Ziegler (@martynziegler) March 10, 2022