FULL TEXT|| Chelsea FC Statement on UK Gvt Ban on Russian Billionaire Abramovich

Yesterday- Thursday 10 March 2022- the UK Government sanctioned Chelsea FC’s Russian billionaire owner, Roman Abramovich, in light of the on-going invasion of Ukraine by President Vladimir Putin’s armed forces.

Here is a full text of the statement:

Chelsea Football Club has been advised that its owner Roman Abramovich has been sanctioned by the UK Government.

By virtue of his 100 per cent ownership of Chelsea FC plc and affiliated entities, Chelsea FC would normally be subject to the same sanctions regime as Mr Abramovich. However, the UK Government has issued a general licence that permits Chelsea FC to continue certain activities.

We will fulfil our men’s and women’s team fixtures today (yesterday) against Norwich and West Ham, respectively, and intend to engage in discussions with the UK Government regarding the scope of the licence.

This will include seeking permission for the licence to be amended in order to allow the Club to operate as normal as possible.

We will also be seeking guidance from the UK Government on the impact of these measures on the Chelsea Foundation and its important work in our communities.

The Club will update further when it is appropriate to do so.

Source: chelseafc.com

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