Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 72,321
Interested to see how Abramovich being sanctioned impacts the sale………personally I think too late now as he can’t undertake transactions in the UK. Whether the cosmetic handing over of the club to Trustees allows them to continue to operate normally, well I guess so
Don't think it changes anything that he tried to transfer stewardship over to the Trustees, he is still the owner - he has the most shares and its his company that owns Chelsea. No transfer of ownership was issued. Will be interesting to see what happens, as there was speculation that players might not get paid etc
Logically Chelsea will run out of money rather quickly.....possible administration!!! [I'm just guessing, but this is obviously an unprecedented situation - will be fascinating to see what happens next]
DT extract
'Chelsea cannot sell tickets to future matches'
The Government have told Chelsea they cannot even sell tickets to matches and any takeover is now on hold as part of the order.
Mr Abramovich is described by the Foreign Office in the new statement as "one of the few oligarchs from the 1990s to maintain prominence under Putin".
Culture secretary Nadine Dorries has said that Chelsea will still be able to play matches and pay staff.
"Putin’s attack on Ukraine continues and we are witnessing new levels of evil by the hour. Today the Government has announced further sanctions against individuals linked to the Russian Government. This list includes Roman Abramovich, the owner of Chelsea Football Club," she said
"Our priority is to hold those who have enabled the Putin regime to account. Today’s sanctions obviously have a direct impact on Chelsea and its fans. We have been working hard to ensure the club and the national game are not unnecessarily harmed by these important sanctions."
"To ensure the club can continue to compete and operate we are issuing a special licence that will allow fixtures to be fulfilled, staff to be paid and existing ticket holders to attend matches while, crucially, depriving Abramovich of benefiting from his ownership of the club."
"I know this brings some uncertainty, but the Government will work with the league & clubs to keep football being played while ensuring sanctions hit those intended. Football clubs are cultural assets and the bedrock of our communities. We're committed to protecting them."
Interesting to see what it means for the summer and beyond.
Currently - no player transfers, no new contracts and no merchandise sales.
According to reporter on TalkSport only season ticket holders (28000) will be allowed in at Stamford Bridge as a result of Abramovich being sanctioned. No casual ticket sales.
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They can't sell tickets now - only season ticket holders allowed to go to their games. Wonder what their percentage of season ticket holders is and how that will impact their attendances?
Given that this is a picture of him at an illegal Tory lockdown party in December, I am sure cronyism will come to the fore for a party donor to help it happen.
After all, he probably missed out on PPE contracts.
And if anybody wants to criticise that for "bringing politics in to a football thread", give your head a wobble.
Currently - no player transfers, no new contracts and no merchandise sales.
You can now see why it took so long to sanction him. Very complicated as clearly government wanted to make sure he doesnt benefit from any income or sales but didnt want to penalise players or supporters