crooktownmags
Vital Squad Member
Interesting times:
From Sky News, Thursday -
Roman Abramovich has been sanctioned by the UK government as part of attempts to crackdown on wealthy Russians with assets in the country.
The Chelsea Football Club owner is one of seven more Russian oligarchs who have had sanctions placed on them by ministers on Thursday.
Mr Abramovich will have his assets frozen under the move, will also face a prohibition on transactions with UK individuals and businesses and a travel ban forbidding him to enter the UK.
He will therefore be unable to profit from the sale of Chelsea Football Club.
Culture Secretary Nadine Dorries acknowledged the decision would have an impact on Chelsea Football Club, but said a special licence would enable it to continue operating.
However, according to Ms Dorries, the licence for continued operation is very narrow:
• Chelsea fixtures will be fulfilled
• Only people who already have tickets to upcoming matches at Stamford Bridge can attend
• Contracted staff and players will continue to be paid
• Mr Abramovich cannot profit from the sale of his club
I wonder how this one is going to play out? For what it's worth I think it's the right thing to do.
From Sky News, Thursday -
Roman Abramovich has been sanctioned by the UK government as part of attempts to crackdown on wealthy Russians with assets in the country.
The Chelsea Football Club owner is one of seven more Russian oligarchs who have had sanctions placed on them by ministers on Thursday.
Mr Abramovich will have his assets frozen under the move, will also face a prohibition on transactions with UK individuals and businesses and a travel ban forbidding him to enter the UK.
He will therefore be unable to profit from the sale of Chelsea Football Club.
Culture Secretary Nadine Dorries acknowledged the decision would have an impact on Chelsea Football Club, but said a special licence would enable it to continue operating.
However, according to Ms Dorries, the licence for continued operation is very narrow:
• Chelsea fixtures will be fulfilled
• Only people who already have tickets to upcoming matches at Stamford Bridge can attend
• Contracted staff and players will continue to be paid
• Mr Abramovich cannot profit from the sale of his club
I wonder how this one is going to play out? For what it's worth I think it's the right thing to do.