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Chelsea credit cards 'frozen amid Roman Abramovich sanctions'

Chelsea credit cards 'frozen amid Abramovich sanctions'
© Reuters
Chelsea allegedly see their corporate credit cards frozen amid sanctions that have been placed upon owner Roman Abramovich.

Barclays have allegedly frozen the bank accounts of Chelsea amid sanctions which have been placed on Roman Abramovich.

On Thursday, the government revealed that they had prevented Abramovich from making money from Chelsea, whether that be through their normal revenue stream or through the sale of the club.

Since then, it has been suggested that Abramovich can still part ways with the Premier League club, providing that the deal goes through the government and that he does not financially benefit from the deal.

However, according to The Times, banks are currently "risk averse" as they weigh up the difficulties that Chelsea may face going forward.

PA has further suggested that the banks in question will assess whether they want to provide any assistance to the West Londoners as they face a potentially perilous situation.

As it stands, restrictions will remain on Chelsea until May 31, although it is hoped that a sale may have gone through before that point.

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Written by
Darren Plant

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General view of Chelsea's Stamford Bridge taken April 2018
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