Chelsea have been warned by the UK government that they are "on borrowed time" over the sale of the club.
Abramovich confirmed last month that he was selling the Blues and the club are desperate to secure new ownership as soon as possible as they continue to feel the impact of the UK government’s sanctions on Abramovich’s assets. Barclays have also suspended the club's bank account and there's a possibility the Blues could face financial armageddon between now and the summer due to the precarious situation.
The Blues are desperate to secure a new owner amid a budget crisis, with their funds dictated by the British government in the wake of the UK sanctions imposed on Abramovich due to his alleged links to Russia president Vladimir Putin. Those sanctions were subsequently followed by the EU, which means that any of his assets that are in EU territory could be taken and frozen.
