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ARTICLE · 15 MARCH 2022

Abramovich Sanctions And Chelsea Q&A

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With Roman Abramovic being subjected to sanctions by the UK Government on 10 March his UK assets, including Chelsea Football Club (the ‘Club') were frozen.

United KingdomMedia, Telecoms, IT, Entertainment
Libby Payne
Libby Payne
Anthony Hanratty
Anthony Hanratty
Luca Ferrari
Luca Ferrari
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This article was originally published on Friday 11 March 2022, but has has been updated on Monday 14 March 2022 from the heading 'Payments to contractors as well as employees' downwards.

With Roman Abramovic being subjected to sanctions by the UK Government on 10 March his UK assets, including Chelsea Football Club (the 'Club') were frozen. A General Licence has been granted by the Office of Financial Sanctions Implementation that will allow the Club to carry out certain football related activities. This licence will remain in place until 31 May 2022 but may be revoked or varied at any time.

Chelsea were not told about the sanctions or the terms of the licence before they were implemented. However, the Government have said they will work closely with the relevant football authorities and the Club to protect it from irreparable damage that would prevent it from competing.

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