Over the past few days, European champions Chelsea have been quickly running out of money after the UK government announced that Russian owner Roman Abramovich had all of his assets seized. This comes after Russia’s invasion of Ukraine and Abramovich’s close ties to Russia president Vladimir Putin.
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This news has left the London based club not being able to sign or sell players, renew contracts and sell merchandise and tickets. This essentially means that Chelsea will not have any income in the coming future. To add salt to wounds various sponsors such as shirt sponsor Three UK have suspended their partnerships with the club.
This also means that the club can’t be currently sold even though that was the intention of Abramovich only a couple of days ago. According to various British reports with no money able to come into the team, and without Abramovich being able to sell, they could in theory be out of money in just 17 days time.
The Blues will now hold talks with the UK government to see if any sanctions regarding the club can be soften in order for the club to be run normally. As of right now the only fans able to see matches at Stamford Bridge will be season ticket holders. The club might be allowed to be sold if the Russian can prove that the sale will not be benefitting him.
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