More Trouble for Roman Abramovich As European Union Set to Freeze Russian Billionaire Assets

• Roman Abramovich is expected to be placed on a new sanctions list by the European Union which will see the Russian billionaire's assets seized
• Abramovich recently had his assets frozen by the UK government following Russia's military invasion of Ukraine
• The Russian billionaire is considered to be an ally of Russian President, Vladimir Putin which Abramovich has constantly refuted

Chelsea owner, Roman Abramovich faces more trouble as the European Union is in the process of seizing all assets owned by the Russian.

This comes in response to Russia's military invasion of Ukraine which has been condemned by world authorities.

According to a report via The Sun, EU diplomats are expected to meet on Monday, March 14 to place Abramovich on a new sanctions list.

Abramovich is facing heavy sanctions as it is believed the Chelsea owner has great ties with Russian President, Vladimir Putin.

The 55-year-old recently had his assets frozen by the UK government which prevented the Russian billionaire from selling Chelsea football club despite putting the Blues up for sale.

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Roman Abramovich moves private jet and relocates yacht

Meanwhile, Chelsea owner, Roman Abramovich is moving fast to secure his assets following the threat from the European Union to freeze his assets.

The Mirror reports, Abramovich has now moved his private jet and relocated his yacht as the Russian awaits being sanctioned by the EU.

The Premier League revealed they had suspended the 55-year-old billionaire as a director at Chelsea football club as the Blues now operate under a special license in the UK.

Potential Chelsea buyer makes big promise to Blues fans

Earlier, Sports Brief reported British tycoon Nick Candy has made a promise to Chelsea fans as he seeks to beat competitors in the race to buy the club.

The west London outfit was recently put on sale by current owner Roman Abramovich, with the Russian oligarch looking to sell the club after almost 20 years at the helm.

A number of wealthy businessmen are understood to be facing a race against time to take over the ownership of the club.