Sports
Ukraine: Ahead Of Newcastle Tie, Chelsea Bank Accounts Blocked
Ahead of the crucial match against Newcastle this weekend, it emerged that bank accounts of Chelsea FC in Barclays bank have been temporarily suspended.
The move was said to be part of the sanctions against the reigning European and Club world champions continue in the light of its association with Russian Oligarch, Roman Abramovich following the invasion of Ukraine.
SkyNews has reported that Barclays gave as its reason for the suspension of the bank accounts that it needs time to assess the licence Chelsea have been given to continue football-related activities.
Its also reported that Chelsea’s company credit cards have also temporarily been suspended.
Chelsea FC said in a statement Friday that it is hopeful the suspension will be lifted shortly.
The UK government on Thursday, March 10, gave Chelsea a licence to continue with football-related activities after Abramovich had “his assets frozen, a prohibition on transactions with UK individuals and businesses, a travel ban and transport sanctions” imposed on him.
But, Chelsea cannot offer new contracts to players or staff, conduct any transfer business or sell new tickets to matches due to the sanctions. Chelsea are third on the league at the moment and face a resurgent Newcastle this weekend.
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