After Russia attacked Ukraine, Western countries began to impose sanctions on Russia, and Chelsea owner Abu, who is a Russian, was also sanctioned. According to the British media “The Sun”, Abramovich still has 81 days to choose to agree to sell Chelsea with zero income. Once Abramovich does not agree, Chelsea will only face the fate of bankruptcy.
Abramovich is a rich man from Russia. He spent a lot of money to buy Chelsea more than 10 years ago. The Blues have improved significantly after Abramovich started, winning the Champions League twice and the Premier League many times. Just after Russia attacked Ukraine, Abramovich, the owner of Chelsea, announced that he would sell Chelsea.
But in recent days, the British government has completely frozen the assets of seven of Russia’s richest and most influential oligarchs in the UK, and imposed trade bans, travel bans and transportation sanctions on them, including Chelsea owner Abramovich. Given the significant impact the sanctions will have on Chelsea and the potential knock-on effects, the government has issued a temporary licence to Chelsea to continue some football-related activities.
According to the British media “Sun”, the license issued by the British government expires on May 31, 81 days from now. The sale of Chelsea Club is not completely prohibited, as long as the sale does not benefit Abramovich himself, the club’s sale process can continue. That is to say, if Abramovich has not agreed to sell Chelsea with zero profit before May 31, Chelsea cannot continue to operate and may face bankruptcy.
“The Sun” report that Chelsea may go bankrupt is by no means alarmist. According to the British media “Daily Mirror”, Chelsea’s monthly wage bill is about 28 million pounds. A Chelsea insider said: “If we cannot continue to operate as normal, we will soon be in deficit.”Return to Sohu, see more
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