Abramovich disqualified as Chelsea director by EPL

“Following the imposition of sanctions by the UK Government, the Premier League board has disqualified Roman Abramovich as a director of Chelsea Football Club,” a Premier League statement said on Saturday

Abramovich disqualified as Chelsea director by EPL

Roman Abramovich

Roman Abramovich has been disqualified as a Chelsea director by the Premier League board after the British government sanctioned the Russian billionaire.
Chelsea owner Abramovich was one of seven more oligarchs sanctioned this week by the UK following Russia’s invasion of Ukraine. The European champions have been placed under tough restrictions due to the sanctions on Abramovich.

Chelsea are unable to sign players, renew contracts or sell tickets to matches, with limits on the amount of money they are allowed to spend on travel to away games. Now Premier League chiefs have taken action against Abramovich, who is described by the government as part of Russian President Vladimir Putin’s inner circle despite his denials of any association.

“The board’s decision does not impact on the club’s ability to train and play its fixtures, as set out under the terms of a licence issued by the Government, which expires on May 31 2022.”

Abramovich had already announced his intention to sell Chelsea, with a host of potential buyers declaring their interest in a club that have won 19 major trophies since he bought the side in 2003.

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels