Roman empire crumbles fast
London, Thursday
Chelsea FC were yesterday banned from selling match tickets or signing new players and must close its stadium shop after Roman Abramovich was added to the UK’s sanctions list.
The £9.4billion Russian oligarch, who has close ties to Vladimir Putin, has been prohibited from transactions with UK individuals and businesses – meaning his plan to sell the West London club looks impossible.
Chelsea’s status as a ‘significant cultural asset’ means it has been granted a special licence to continue playing, but Abramovich will be deprived of any profits.
The club has been banned from selling home and away tickets, with only fans who have already bought tickets – including 28,000 season ticket holders – still allowed to attend games.
There is also the prospect that Champions League games will be played effectively behind closed doors, as those tickets are often purchased separately from season tickets.
The licence prohibits Chelsea from spending more than £20,000 on any away game travel, raising serious logistical questions for its Champions League game in Lille next Wednesday. They play Norwich away tonight and Newcastle at home on Sunday.
A source told Mailonline: ‘Stamford Bridge is not going to be empty … we don’t expect them to play behind closed doors. It does mean there may be some empty seats but not an empty ground.’
Chelsea will not be able to agree any new contracts, preventing it from engaging in the summer transfer market, but existing staff, stadium stewards and players will still be paid. It can also continue to receive TV broadcast payments and provide food and drink at matches.
Chelsea’s hand
The club cannot sell any merchandise itself, but retailers who already hold stock can continue to do so, as long as none of the money ends up in Chelsea’s hands.
The licence to continue operating will last until May 31, but can be ‘varied, revoked or suspended’ at any time. If the club were to end up in administration, they would receive a nine point penalty.
Culture Secretary Nadine Dorries said the aim was to ensure that Abramovich cannot ‘benefit from his ownership’. The oligarch’s name was chanted by Chelsea fans during a minute’s applause for Ukraine at Burney on Saturday, leading to widespread condemnation.
Abramovich has overseen the most successful period in Chelsea’s history, winning 21 trophies – including five Premier League titles and the Champions League twice.
The shape of Chelsea’s long-term future has naturally been thrown into doubt, but Government ministers were quick to insist any damage would be limited.
Nadine Dorries said on Twitter: ‘Our priority is to hold those who have enabled the Putin regime to account. -AFP