Chelsea run the risk of not being able to cover their monthly costs after owner Roman Abramovich’s assets were frozen under sanctions handed out by the UK government, a finance expert has warned.
The Blues had been put up for sale by Abramovich at the beginning of March due to fears he would no longer be able to control the club amid the Russian invasion of Ukraine.
It was announced on Thursday the Russian billionaire had been included on a list of hundreds of oligarchs sanctioned for their ties with president Vladimir Putin, with the 55-year-old’s financial assets frozen — including Chelsea.