Share

What Roman Abramovich's sanctions mean for Chelsea, the fans and star players

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
0:00
play article
Subscribers can listen to this article
Chelsea's owner, Roman Abramovich, faces crippling sanctions from the UK and several European governments. (PHOTO: Getty Images)
Chelsea's owner, Roman Abramovich, faces crippling sanctions from the UK and several European governments. (PHOTO: Getty Images)

They were on top of the world, one of the world’s finest clubs, home of some of the best players the planet had seen, their cabinets stuffed with every trophy it was possible to win.

But right now Chelsea is floundering in a blue sea of uncertainty. As the club celebrated its 117th birthday with a Premier League victory over Norwich recently, the Russian oligarch who has owned the Blues for nearly 20 years was hit with a string of sanctions by the British government, effectively slapping his hand away from their purse and slamming the brakes on his efforts to sell the glamour club for £3 billion (R61,5bn).

When Roman Abramovich announced he was selling Chelsea, he said he would donate funds of the sale to charity – but the choice is no longer his. The British government will take control of the process and decide what to do with funds, which could either be frozen or go to a charitable fund, possibly for war victims in Ukraine. But this is about a lot more than the sale of the club. 

Read this for free
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Try FREE for 14 days
Already a subscriber? Sign in
heading
description
username
Show Comments ()