Today: October 19, 2024
March 13, 2022
1 min read

The Premier League withdraws Abramovich’s club management permit

London, UK | AFP | The Premier League announced on Saturday that it had withdrawn Chelsea’s Russian owner Roman Abramovich from his club manager’s permit after the British government’s freeze on his assets.

“Following sanctions imposed by the British government, the Premier League board of directors removed Roman Abramovich from his position as director of Chelsea Football Club,” wrote the organizer of the English championship.

This decision “has no impact on the club’s ability to train and play matches,” the brief statement read.

On Thursday, the British government announced new sanctions against several Russian businessmen, including millionaire Roman Abramovich, who has owned Chelsea since 2003 and whose assets were frozen.

This measure, taken on the basis of Abramovich’s alleged links with Russian President Vladimir Putin, who ordered the military invasion of Ukraine, was accompanied by an authorization by the club to continue its activity, but with important restrictions.

Chelsea cannot sell tickets for its matches, or merchandise, and cannot sign players or renew the contracts of its players on the payroll.

The sale of the club, decided by Abramovich before the freezing of its assets, could be carried out, but the government’s green light for the operation would be conditional on the oligarch not obtaining any benefit.

Abramovich promised during the announcement of the sale of the club, on March 2, that the money would go to a foundation to help the victims of the war in Ukraine.

Over the years, the 55-year-old Russian millionaire invested $1.96 billion in the club under his presidency, winning 19 titles.



Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Petro: the Issuer must maintain employment and production
Previous Story

Road to the Presidency: these are the proposals of the candidates

Vasco loses on penalties to Juazeirense and falls in the Copa do Brasil
Next Story

Vasco faces Resende to find out if there will be Flu or Fla in the Carioca semi

Latest from Blog

Fachada del MEF

Fiscal deficit remains at 4% of GDP

For the fifth consecutive month, the fiscal deficit accumulated in the last 12 months represented 4% of the Gross Domestic Product (GDP), according to information from the Central Reserve Bank (BCR). Look:
They develop a convention on arbitration in the DR

They develop a convention on arbitration in the DR

Although the country has made progress in arbitration for conflict resolutionthe judicial alternative requires more specialized experts that contribute to expanding the scope of this private method to resolve incidents that require
Go toTop