English football has been rocked by the news that Chelsea owner Roman Abramovich has been sanctioned by the UK Government.
In light of Russia's continued war in Ukraine, Abramovich is one of seven oligarchs now targeted by the government in the latest round of sanctions. Abramovich had already signalled his intention to sell Chelsea, and wants to 'transfer stewardship' of the club to trustees, but that process is now restricted.
While Manchester United and Manchester City are not directly impacted by the action, they may be affected in some aspects with Chelsea's transfer activity restricted as well as rules prohibiting ticket sales. In the transfer market, Chelsea may pay staff and players, as well as pay necessary operating costs, but must not sign any new players or complete any new contracts.
