Roman Abramovich was sacked as owner of Chelsea

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The Premier League announced on Saturday that it has ousted Russian billionaire Roman Abramovich from his role as owner of Chelsea following UK government sanctions following Russia’s invasion of Ukraine.

Following the imposition of sanctions by the UK Government, the Premier League Board has disqualified Roman Abramovich as director of Chelsea Football Club.

In turn, they reported that the decision does not affect the club: “The Board’s decision does not affect the club’s ability to train and play its matches, as established in the terms of a license issued by the Government that expires on 31 May 2022″.

It is worth mentioning that Abramovich, who is apparently linked to Russian President Vladimir Putin, announced he would sell the London club last week, but that sale is now on hold as Chelsea operates under a special license from the government.

In turn, the assets of the former owner of Chelsea were frozen and for this reason the English club cannot generate any type of income through ticket sales, merchandising and player operations.

Finally, since his arrival in 2003 the London cast, Abramovich invested 1,800 million euros under his presidency and won 19 titles, including two Champions League and a Club World Cup.

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