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Tuesday, May 7, 2024

Chelsea owner Roman Abramovich hit by UK sanctions

The UK government has slapped an assets freeze and travel ban on Chelsea Football Club’s Russian owner Roman Abramovich

LONDON: Chelsea Football Club’s Russian owner Roman Abramovich was on Thursday hit with a UK assets freeze and travel ban, throwing his plans to sell the European and world club champions into disarray.

The billionaire owner of the English Premier League side became the highest profile oligarch yet sanctioned by any Western country, following Russia’s invasion of Ukraine late last month.

Abramovich, 55, was one of seven more oligarchs slapped with new British restrictions over the invasion, including his former business partner Oleg Deripaska.

Prime Minister Boris Johnson has been accused of delaying action against wealthy Russians, and turning a blind eye to Russian money that has…

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