Newsroom Nigeria
  • Home
  • About Us
  • Advert Rates
Wednesday, February 8, 2023
  • Login
Advertisement
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment
No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment
No Result
View All Result
Newsroom Nigeria
No Result
View All Result

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
Reading Time: 2 mins read
CHELSEA ACCOUNTS SUSPENDED, ABRAMOVICH’S ASSETS FROZEN
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”.

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

This Might Also Interest You

 PELE, BRAZIL’S NATIONAL TREASURE SCORES FINAL GOAL. BOWS TO CANCER

Winner of the 61st FirstBank Lagos Amateur Open Golf Championship gets listed in The World Amateur Golf Rankings

NIGERIA’S FLAMINGOS BEAT GERMANY TO GET BRONZE IN INDIA

ARISE WALK FOR LIFE: SUPER EAGLES LEGENDS, KANU, RUFAI, OTHERS LAUDS ILUYOMADE

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)

Tags: FootballLondon
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

 PELE, BRAZIL’S NATIONAL TREASURE SCORES FINAL GOAL. BOWS TO CANCER
Sports

 PELE, BRAZIL’S NATIONAL TREASURE SCORES FINAL GOAL. BOWS TO CANCER

December 30, 2022
Winner of the 61st FirstBank Lagos Amateur Open Golf Championship gets listed in The World Amateur Golf Rankings
News

Winner of the 61st FirstBank Lagos Amateur Open Golf Championship gets listed in The World Amateur Golf Rankings

December 5, 2022
NIGERIA’S FLAMINGOS BEAT GERMANY TO GET BRONZE IN INDIA
Sports

NIGERIA’S FLAMINGOS BEAT GERMANY TO GET BRONZE IN INDIA

October 30, 2022
ARISE WALK FOR LIFE: SUPER EAGLES LEGENDS, KANU, RUFAI, OTHERS LAUDS ILUYOMADE
Sports

ARISE WALK FOR LIFE: SUPER EAGLES LEGENDS, KANU, RUFAI, OTHERS LAUDS ILUYOMADE

October 18, 2022
BREAKING: GUSAU EMERGES NEW NFF PRESIDENT
Sports

BREAKING: GUSAU EMERGES NEW NFF PRESIDENT

October 1, 2022
Why Falconets Slept at Istanbul Airport – NFF
Sports

Why Falconets Slept at Istanbul Airport – NFF

August 24, 2022
Next Post
APC CRISIS: BUHARI SUES FOR PEACE, URGES MEMBERS TO LEARN FROM PDP’S PITFALL

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

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

In Uyo, Tinubu Vows to Create Massive Employment for Nigerians

NAIRAGONY: TINUBU APPEALS FOR CALM, URGES PROTECTION OF DEMOCRACY,

February 7, 2023
EFCC Arrests Operations Manager of a Commercial Bank for Hoarding New Naira Notes

NAIRA AGONY: FG BLAMES OPPOSITION ELEMENTS FOR CRISIS

February 7, 2023
NAIRA AGONY: STERLING BANK SUSPENDS TRANSACTION FEES FOR CUSTOMERS

NAIRA AGONY: STERLING BANK SUSPENDS TRANSACTION FEES FOR CUSTOMERS

February 7, 2023
NAIRAGONY: BANKS LOCK OUT CUSTOMERS IN LAGOS AS PROTEST LOCKS DOWN ABEOKUTA

NAIRAGONY: BANKS LOCK OUT CUSTOMERS IN LAGOS AS PROTEST LOCKS DOWN ABEOKUTA

February 7, 2023
EFCC Arraigns Publishers, Two Others for Alleged $922m Fraud 

EFCC Arraigns Publishers, Two Others for Alleged $922m Fraud 

February 7, 2023
  • Home
  • About Us
  • Advert Rates

© 2022 Newsroom Nigeria is published by Newsroom Communication Services, a Media and Communication Company.

No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment

© 2022 Newsroom Nigeria is published by Newsroom Communication Services, a Media and Communication Company.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In