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Russia -Ukraine War: Blow For Thomas Tuchel As UK Freezes Abramovich's Assets

Russia -Ukraine War: Blow For Thomas Tuchel As UK Freezes Abramovich's Assets

The United Kingdom (UK) has frozen Roman Abramovich’s assets making it impossible for him to sell Chelsea Football Club, in the meantime, a development that will significantly impact Thomas Tuchel’s squad.

The UK government froze the assets for Abramovich’s ties with Russian President Vladimir Putin who authorised a military invasion of Ukraine on the 24th of February citing a genocide on pro-Russian separatist groups. Kiev dismisses the allegations as mere propaganda.  

The Russian put the Blues up for sale last week and he had valued the club at around £4billion.

Abramovich bought the club in 2003 and he’s invested over £1.5bn into Chelsea during a trophy-laden 18-and-a-half years at the club.

The 55-year-old had hoped to conclude a deal this week but the UK government have finally decided to sanction him given his connection to Putin. A government statement read:

Roman Abramovich is a prominent Russian businessman and pro-Kremlin oligarch. 

Abramovich associated with a person who is or has been involved in destabilising Ukraine and undermining and threatening the territorial integrity, sovereignty and independence of Ukraine, namely Vladimir Putin, with whom Abramovich has had a close relationship for decades.

This association has included obtaining a financial benefit or other material benefits from Putin and the Government of Russia. This includes tax breaks received by companies linked to Abramovich, buying and selling shares from and to the state at favourable rates, and the contracts received in the run up to the FIFA 2018 World Cup.

Speaking after the sanctions were announced, Prime Minister Boris Johnson said the UK can no longer provide a ‘safe haven’ for those that have supported Putin.

In the short term, the sanctions mean Chelsea can no longer sell match tickets or merchandise to supporters. Only season-ticket holders will be permitted to attend matches.

Looking further ahead, the club will be banned from signing or selling players and no new contracts can be agreed upon.

This will have a significant effect on Thomas Tuchel’s squad, with the likes of Antonio Rudiger, Andreas Christensen and Cesar Azpilicueta out of contract at the end of the season.

Speaking last week, Premier League chief executive Richard Masters raised doubts over Abramovich’s ability to sell Chelsea if he is sanctioned by the UK Government.

More: Metro

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executioner 3 months ago

these sanctions are backfiring towards the rest of the world , there is no point yekupa vanhu ma sanctions even the US are feeling the pain. kkkkkkkkk it's just clear that Russian has a bigger economy than the western thought kkkk this is just the beginning.Russia will not stop I tell u

mutant 3 months ago

chele mabhinya obhinyiwa.shame

VaZhou 3 months ago

Really sad. Hondo yakaipa vakomana...

Tkt 3 months ago

This is interesting, it also means that the lump sums that the UK was getting fron Chelsea in taxes will no,longer be paid is it?

After all the Russians seem to have invested in every corner of economic activities fpr a purpose, hamenl tichaona kucha wira tsvimbo nedohwe but i forsee Putin winning from the slimmest chances, zvakaoma kudaro

Philimon 3 months ago

hazvina Basa Chele mabhinya haafi

Tonderai Musaengana 3 months ago

Chelsea yatova ma1

wasu 3 months ago

wedzerai masanctions vakomana


mhazi of Silobela 3 months ago

hypocrisy......Rwanda with that genocide dude sponsored that small team in England, I think it's called ****nal. they saw no wrong in dat

.. 3 months ago

Ummmm iwe ukati small waknyanya kunyepa plus ahisi yega iri ku sponsor fti

Mafirakureva 3 months ago

The livelihoods of the Ukrainian people and the punishment of aggressors/despots/dictators is far more important than a game of football.

》》》 3 months ago

I'm anti-dictator but from an ethical perspective, this isn't right.

》》》 3 months ago

On second thought, Tuchel could have used the proceeds from the disposal of Chelsea to fund Putin's military operation in Ukraine. So it's not a wrong move.

mangqongqo engqathayi 3 months ago

ngaife chelsea yacho hazvina basa izvi

Flymore 3 months ago

This is insane let not politics affect the beautiful game

$UB 3 months ago

These guyz varikuda kuwana pekuuraya Chelsea chete apa apana zvimwe

K 3 months ago

Hutsinye hunopedzwa neutsinye

Supreme Leader Abramovich 3 months ago

After Ukraine General Putin turn FA & Fifa...

Machiavelli 3 months ago

.... and the International Judo Federation...

Advocate 3 months ago

Ma sanctions ayo ndoachakonzeresa Hondo hombe

Machiavelli 3 months ago

maSanctions iwayo ndiwo achatopedza hondo yekuUkraine

😴 3 months ago

This guy aida kunyepera kungwara by selling the club before he was sanction slammed. Kkkk. Wabatwaaaa iwe kkkkk

3 months ago

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