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Manchester Evening News
Manchester Evening News
National
Kieran Isgin

What happens when assets are frozen - and what sanctions against Abramovich mean for Chelsea

Chelsea owner and Russian-Israeli billionaire Roman Abramovich has been sanctioned by the British government and his assets frozen.

It comes as the UK toughens its sanctions on Russia and Russian individuals with assets in the country amid the continuing invasion of Ukraine.

Mr Abramovich is among seven oligarchs targeted by the UK in a hit worth an estimated £15 billion - the latest wave of financial sanctions imposed by the UK. Abramovich's one-time business partner, leading industrialist Oleg Deripaska has also been sanctioned.

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