The Premier League has confirmed that Roman Abramovich has been faraway from his place as a director of Chelsea.
Chelsea has been left working beneath extreme limitations and a shadow of uncertainty on account of government-imposed sanctions that took impact on Thursday.
Abramovich has been unable to promote the West London membership on his personal phrases or to revenue from the membership’s typical income streams.
The Premier League additionally acted on Saturday afternoon, issuing an announcement disqualifying the Russian billionaire as a Chelsea director.
The assertion learn:
Following the imposition of sanctions by the UK Authorities, the Premier League Board has disqualified Roman Abramovich as a Director of Chelsea Soccer Membership.
The Board’s determination doesn’t affect on the membership’s potential to coach and play its fixtures, as set out beneath the phrases of a license issued by the Authorities which expires on 31 Might 2022.
Moreover, quite a few of the membership’s company bank cards have been suspended over the past 24 hours as banks assess the risks and uncertainty presently linked with Chelsea.
