Chelsea

Premier League teams and the UK government do not want sanctions on Roman Abramovich to destroy club but swift sale is required.

If Chelsea were to finish third in the league, it would be worth about £34m. Then there are the sums that Abramovich would be permitted to invest within the parameters of the profit and sustainability rules – £105m over a rolling three-year period. That, plainly, has stopped and so, to repeat, it is imperative that the transfer of ownership happens with a degree of speed. The Three deal is worth £40m a year, although it is unclear how much more, if anything, was due to Chelsea before the end of the season. Chelsea continue to try to process the sanctions and argue against some of them. A part of the nervousness at Chelsea involves whether any more sponsors will follow the telecommunications and internet service provider Three in withdrawing support, at least temporarily. The integrity of the competition would not be compromised and it was a theme picked up by Thomas Tuchel. “As long as we have enough shirts and as long as the bus is full of fuel we will arrive and we will be competitive,” the Chelsea manager said.

“The licence is a safety net to protect the sport, the Premier League, the wider football pyramid down to the grassroots game, loyal fans and other clubs. It ...

But now if the assets are frozen, Chelsea are officially 1.5 billion pounds in debt and unable to repay that,” Hamilton said from London. “Proceeds from any sale could not go to the sanctioned individual while he is subject to sanctions.” “He has lent the club 1.5 billion pounds ($1.97bn) over the course of his ownership. It will deprive Mr Abramovich of benefitting from his ownership of the club and mean he cannot circumvent UK sanctions,” the government said in a statement. The sale process is also subject to government approval. “While the current license does not permit the sale of the club at this time, the government is open to a sale of the club and would consider an application for a new license to allow for a sale,” the government said.

Chelsea manager Thomas Tuchel said he trusted the British government to find a solution for Chelsea's operations to return to normal by the end of the ...

"As the club said, there are talks with the government. It concerns the women (Chelsea Women's team), it concerns the academy. "It can never be the wrong message," he said.

The mobile network has asked Chelsea to remove the logo from their shirts but it is unclear when the club will be able to bring those changes into force.

In addition to Three, charity Plan International confirmed to i that they had terminated their agreement with Chelsea early, having originally been set to run until May 2022. Beyond that, club officials may struggle to buy new kits due to the restrictions under which they are operating, which include having some of their credit cards frozen. The club have been locked in discussions with the UK government seeking a relaxing of the licence granted to them following the sanctions against Roman Abramovich.

The deadline for Chelsea to be sold has been extended following talks between Chelsea, Raine Group and the UK government, according to reports.

The Blues have been given 4-6 weeks to sell the club, with a deadline for bids being set for a weeks time. Discussions have been held between the government and Raine, the US bank handling the sale of Chelsea, and the process is to resume as it was before Abramovich was sanctioned. The deadline for Chelsea to be sold has been extended following talks between Chelsea, Raine Group and the UK government, according to reports.

Chelsea are expected to wear jerseys without the name or logo of shirt sponsor Three when they play against Newcastle United on Sunday.

But a message for peace can never be wrong." "As long as the bus is full of fuel we will arrive and be competitive. This is what everybody can be sure of and this is what we demand of ourselves.