Roman Abramovich disqualified as Chelsea director by Premier League
Roman Abramovich disqualified as Chelsea director by Premier League
Roman Abramovich has been disqualified by the Premier League from being a director of Chelsea Football Club.
The Premier League announced the development in a statement released on Saturday afternoon as a result of sanctions being imposed on the 55-year-old by the UK Government on Thursday.
It read: “Following the imposition of sanctions by the UK Government, the Premier League board has disqualified Roman Abramovich as a Director of Chelsea Football Club.
“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 by the Government which expires on 31 May 2022.”
Roman Abramovich disqualified as Chelsea director by Premier League
 The government is still open to a sale but would have to approve a new licence, on the proviso no profit would go to the Russian, who has bankrolled the club to the tune of around £1.5 billion ($2 billion).
Chelsea are already feeling the impact of the sanctions, with shirt sponsor Three suspending its £40 million deal.
The club’s official training wear partner Trivago said Friday that it was sticking with Chelsea despite the “challenging” situation.
Chelsea reportedly saw several credit cards temporarily frozen on Friday while they negotiate the terms of their special operating license with the government.
Thomas Tuchel’s side host Newcastle on Sunday as they look to cement their hold on third place in the Premier League.
Source: Reuters