Chelsea owner Roman Abramovich has had his assets frozen by the British government, as part of a wider crackdown on Russian oligarchs in the UK.
The sanctions will prevent Chelsea from being sold, despite Abramovich's public statement that he was looking for a buyer.
He has owned the Blues since 2003, and was hoping to receive offers in the region of £3bn for the club.
Chelsea has been granted a special licence to continue with football related activities – but the terms of the sanction could stop them even selling tickets to games, meaning that only season ticket holders are able to attend matches for the forseeable future.
Massive news: Roman Abramovich sanctioned. All UK assets frozen. Chelsea can still operate under a special licence but sale now on hold. Club will not be allowed to sell any more tickets - only season ticket holders can go to games for the foreseeable future.March 10, 2022
Abramovich is one of eight Russian nationals sanctioned by the government on Thursday, bringing the total number sanctioned to over 200. The move has been as part of the UK's response to the Russian government's invasion of Ukraine.
More to follow.
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Conor Pope is the Online Editor of FourFourTwo, overseeing all digital content, and joined the team in February 2019. He supports Blackburn Rovers and holds a season ticket with south London non-league side Dulwich Hamlet. His main football passions include Tugay, the San Siro and only using a winter ball when it snows.
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