UK sanctions Russian oligarch and Chelsea owner Roman Abramovich
The UK has added Russian oligarch and Chelsea FC owner Roman
Abramovich to its list of sanctioned individuals as part of its efforts to
"isolate" Russian President Vlamidir Putin -- throwing the sale of the
London club into doubt.
In a statement Thursday, the UK government said it was
adding seven further oligarchs and politicians -- including Abramovich -- to
its list of sanctioned individuals.
Abramovich announced this month he plans to sell Chelsea, as
it is "in the best interest of the Club, the fans, the employees, as well
as the Club's sponsors and partners." This came after he declared he gave
"stewardship" of the club over to trustees of the club's charitable
foundation.
But the new sanctions will see his assets frozen and will
prohibit "transactions with UK individuals and businesses," the UK's
Foreign, Commonwealth & Development Office said in a statement Thursday.
The billionaire will also face a travel ban forbidding him to enter the UK.
According to the UK government, Chelsea will be given a
special license to continue to "fulfil its fixtures and carry out football
business" -- including the payment of players and club staff -- but
certain actions will not be permitted, such as buying and selling new players
and selling tickets for games beyond those already sold to fans. Existing
season ticket holders will be allowed to attend matches as well as fans who
purchased tickets prior to Thursday.
Fans can buy food and drink at these matches, according to
the statement, and under the sanctions, third party retailers who bought or
produced club merchandise prior to Thursday will be allowed to sell their
existing stocks as long as no money is given to Chelsea.
British Member of Parliament Chris Bryant had previously
called for Abramovich to lose ownership of Chelsea after seeing a leaked 2019
UK government document that said Abramovich was of interest due to his
"links to the Russian state and his public association with corrupt
activity and practices," the MP said in a Twitter post.
Abramovich is worth is an estimated £9.4 billion ($12.36
billion), according to the UK government.
The UK is "absolutely determined" to sanction
Russian oligarchs, British Foreign Secretary Liz Truss said this month, adding
that the UK was working through "a further list" of oligarchs to
sanction.
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