Sunday, July 27, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
Home Sports

CHELSEA ACCOUNTS SUSPENDED, ABRAMOVICH’S ASSETS FROZEN

Abramovich, 55, was one of a further seven more oligarchs hit by fresh UK sanctions

Newsroom Nigeria by Newsroom Nigeria
March 12, 2022
in Sports
Reading Time: 2 mins read
0
SHARES
Share on FacebookShare on Twitter

Chelsea have had several accounts and credit cards suspended temporarily following sanctions imposed on club owner Roman Abramovich by the UK government, British media reported Friday.

Russian-born billionaire Abramovich had all his British assets frozen on Thursday barring Chelsea, with the Premier League club allowed to continue with “football-related activities”.

Related posts

‘SAFE JOURNEY HOME’,  I LOOK FORWARD TO RECEIVING THE TROPHY IN ABUJA, TINUBU TELLS WAFCON CHAMPIONS

‘SAFE JOURNEY HOME’,  I LOOK FORWARD TO RECEIVING THE TROPHY IN ABUJA, TINUBU TELLS WAFCON CHAMPIONS

July 27, 2025
MISSION X: TINUBU CONGRATULATES SUPER FALCONS ON WAFCON VICTORY

MISSION X: TINUBU CONGRATULATES SUPER FALCONS ON WAFCON VICTORY

July 26, 2025

But the European champions cannot operate as a business and have been banned from selling match tickets or merchandise.

The Independent was one of several British outlets that reported Chelsea had been in discussions with the government in the hope of amending the license and easing the restrictions but were hit on Friday when banks suspended the club’s accounts.

Abramovich, 55, was one of a further seven more oligarchs hit by fresh UK sanctions on Thursday following Russia’s invasion of Ukraine.

All seven are described as part of Russian President Vladimir Putin’s inner circle.

Abramovich had already announced he was willing to sell Chelsea, who won 19 major trophies in his 19-year reign.

Chelsea’s strict licence is designed to ensure Abramovich will not profit from the London club’s continued operations.

The commercial fallout became apparent as mobile phone firm Three announced it was suspending its sponsorship deal with Chelsea, and demanded its logo be removed from players’ shirts.

Chelsea put their off-field turmoil to one side to beat Premier League strugglers Norwich 3-1 on Thursday.

Abramovich bought Chelsea in 2003, turning the perennial also-rans into serial winners with unlimited transfer funds after he became rich on the chaotic privatisation of state assets in 1990s Russia.

He has denied claims that he bought the Stamford Bridge club on Putin’s orders, to expand Russia’s influence abroad in the early 2000s.

Abramovich put Chelsea up for sale on March 2, pledging to write off the Blues’ £1.5 billion ($1.95 billion) debt and invest all sale proceeds into a new charitable foundation to aid victims of the conflict in Ukraine.

 

(AFP)

ShareTweetSendShareShare
Previous Post

VIEWPOINT: RELIGION AND POLITICS IN NIGERIA

Next Post

APC CRISIS: BUHARI SUES FOR PEACE, URGES MEMBERS TO LEARN FROM PDP’S PITFALL

Related Posts

‘SAFE JOURNEY HOME’,  I LOOK FORWARD TO RECEIVING THE TROPHY IN ABUJA, TINUBU TELLS WAFCON CHAMPIONS
Metro

‘SAFE JOURNEY HOME’,  I LOOK FORWARD TO RECEIVING THE TROPHY IN ABUJA, TINUBU TELLS WAFCON CHAMPIONS

July 27, 2025
MISSION X: TINUBU CONGRATULATES SUPER FALCONS ON WAFCON VICTORY
News

MISSION X: TINUBU CONGRATULATES SUPER FALCONS ON WAFCON VICTORY

July 26, 2025
YOU ARE ALREADY A CHAMPION, TINUBU CHARGES FALCONS  AHEAD OF WAFCON FINAL
News

YOU ARE ALREADY A CHAMPION, TINUBU CHARGES FALCONS  AHEAD OF WAFCON FINAL

July 26, 2025
TINUBU MOURNS THE PASSING OF EX-SUPER EAGLES KEEPER PETER RUFAI
News

Family Releases How the Late Nigeria’s Legendary Goal Keeper, Rufai Dies

July 4, 2025
BREAKING: Nigerian Goalkeeping Legend,  Peter Rufai is Dead
Metro

TINUBU MOURNS THE PASSING OF EX-SUPER EAGLES KEEPER PETER RUFAI

July 4, 2025
BREAKING: Nigerian Goalkeeping Legend,  Peter Rufai is Dead
News

BREAKING: Nigerian Goalkeeping Legend,  Peter Rufai is Dead

July 3, 2025
Next Post

APC CRISIS: BUHARI SUES FOR PEACE, URGES MEMBERS TO LEARN FROM PDP'S PITFALL

RECOMMENDED NEWS

FUTA AGROMART BEGINS OPERATION TO FEED IMMEDIATE SCHOOL COMMUNITY

11 months ago

WEMA BANK 5 FOR 5 PROMO SEASON 3 GRAND FINALE SET TO HOLD IN LAGOS

1 year ago

NDLEA Intercepts N16.1bn Opioids, as Iran-bound Drug Mule Excretes 76 Wraps of Cocaine 

10 months ago

Meter Manufacturers Withdraw Court Case Against FG

2 years ago

FOLLOW US

ADVERTISEMENT
ADVERTISEMENT

POPULAR NEWS

  • TINUBU MEETS CHAIRMEN OF GENCOS, PLEDGES TO RESOLVE LONGSTANDING DEBT CLAIMS

    TINUBU MEETS CHAIRMEN OF GENCOS, PLEDGES TO RESOLVE LONGSTANDING DEBT CLAIMS

    0 shares
    Share 0 Tweet 0
  • “PDP WILL RISE AGAIN TO REBUILD NIGERIA,” GBENGA OLAWEPO-HASHIM DECLARES

    0 shares
    Share 0 Tweet 0
  • VIEWPOINT: HOW JOURNALISM CAN THRIVE AND  BUILD A NATION  IN A MULTI-ETHNIC SOCIETY, BY GOVERNOR BALA MOHAMMED

    0 shares
    Share 0 Tweet 0
  • Kwara Court Jails Nine for Fraud

    0 shares
    Share 0 Tweet 0
  • TINUBU SETS FIRST QUARTER 2026 TARGET FOR THE TAKE-OFF OF NATIONAL SINGLE WINDOW PROJECT

    0 shares
    Share 0 Tweet 0
Newsroom Nigeria

The NEWSROOM NIGERIA is an independent, liberal on – line news platform committed to the right of the individual to pursue his economic happiness, without undue interference of the state. It shall promote the rights of the individual; right to freedom of worship and conscience, and to hold opinions and impact same without hindrance, subject to such laws are as consistent with the constitution and necessary for the protection of the rights of others.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.