Heartbreak at Stamford Bridge As All of Roman Abramovich’s UK Assets Frozen Including Chelsea FC

• Roman Abramovich has been sanctioned and all his assets in the UK have been frozen, according to a statement
• The Chelsea FC owner is among seven oligarchs and politicians that have been added to the UK’s sanction list
• They have all been prohibited from transactions with UK individuals and businesses as travel ban and transport sanctions are imposed on them

Reports have it that all of the UK assets owned by Russian billionaire Roman Abramovich have been frozen as the entrepreneur faces heavy sanction.

The Chelsea Football Club owner was named among the key enablers of Vladimir Putin’s government following Russia’s war on Ukraine.

A statement by the UK government on Thursday says he has been prohibited from transactions with UK individuals and businesses.

Abramovich was named among seven oligarchs and politicians to be added to the UK's sanctions list.

In a statement Thursday, the UK government said Abramovich has had "his assets frozen, a prohibition on transactions with UK individuals and businesses, a travel ban and transport sanctions imposed."

Anxiety at Stamford Bridge as Chelsea owner Roman Abramovich reportedly offloading London homes

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The sanctions are estimated to be worth close to $20 billion (£15 billion), the UK government said.

Confirming the news, Chief Sports reporter for the Times tweeted:

“Roman Abramovich sanctioned. All UK assets frozen. Chelsea can still operate under a special licence but sale now on hold. Club will not be allowed to sell any more tickets - only season ticket holders can go to games for the foreseeable future.”

British billionaire set to submit a bid to acquire

Meanwhile, Nick Candy who is a British property developer has reportedly appeared to be working on submitting a massive £2.5billion bid to buy Premier League giants Chelsea this week.

It is no longer news that outgoing owner Roman Abramovich is desperate to sell the club due to Russia's invasion of Ukraine which has claimed the lives of many people.

Ghanaian mine owner unveils plans to buy Chelsea

Panic in England as top Premier League Club Is put up for sale by owner

Football

Sports Brief earlier reported that a rich Ghanaian gold mine owner Antwi Boasiako has authoritatively declared interest in splashing cash to acquire English Premier League club, Chelsea.

The 45-year-old made this declaration and added that he will make efforts to sign multiple Ballon d’Or winners Lionel Messi and Cristiano Ronaldo to the Stamford Bridge outfit.

Current owner Roman Abramovich has put the club up for sale as the Russian billionaire is asking for £3billion for the Champions League holders.