UK sanctions Russian owner of Chelsea soccer club Roman Abramovich
Roman Abramovich has been sanctioned by the UK government and, as a result, any attempt to sell Chelsea has been halted.
The 55-year-old is the subject of a full asset freeze and travel ban. The sanctions are imposed as the British government believes Abramovich plays a big role in the Ukraine war by supplying steel to the Russian military which may have been used in the production of tanks.
As a result, Abramovich will not be able to sell Chelsea on his terms. The London club could still be sold if Abramovich handed over the process to the UK Government, in doing so, he would receive no proceeds from any sale.
The Russian bought Chelsea in 2003, sparking a period of unprecedented success for the club, which won 5 league titles and 2 Champions League trophies under his ownership.
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