Billionaires interested in buying Chelsea Football Club have been told to approach the UK government with potential takeover proposals, after the ...
We are looking forward to a transition of ownership as soon as possible and want to support the club in this process.” The club has been granted a special licence to allow it continue to play matches for the rest of the season but only season ticket holders and fans who have already bought tickets will be able to attend matches. Hyundai, its shirt sleeve sponsor with a deal worth a reported £10m, said it was “assessing the situation with Chelsea FC”. It has been suggested that the proceed of the sale would be frozen or placed into a charitable fund. “We are examining the details of yesterday’s announcement and we are still interested in making a bid,” his spokesperson said. It remains to be seen if the government intends to requisition Chelsea before allowing a sale to go through.
The sports retail giant has nine years remaining on its £60m-per-year deal, which could leave a catastrophic hole in Chelsea's finances.
Chelsea officials were said to be outlining the parameters in which they can continue operating during the meeting. Chelsea, meanwhile, fear that the restrictions imposed on the club – which include maximum expenditure of £20,000 on away trips and £500,000 to host matches, as well as halting merchandise sales, new player and staff contracts and player trading – will not be enough to allow them to continue playing matches and conclude the season. The Government wants to ensure one of England’s leading teams does not implode financially.
Chelsea owner Roman Abramovich has been sanctioned by the UK government; banned from transactions with UK individuals and businesses; Chelsea given special ...
But it is still not cool for the people at Chelsea and the supporters. Sometimes it makes things more difficult, but sometimes more easy to accept we cannot do anything in the moment, to wait and to constantly adapt." "To understand the situation feels very difficult, to see where it is going is maybe impossible. "Around the games, yes, but not in other moments. Therefore, we are offering connectivity packages to all Ukrainians arriving in the UK, and those in Ukraine." Chelsea believe those restrictions are too tight and they have been in talks with the government about changing those restrictions. "It's nothing they are responsible for, what happens around. "We recognise that this decision will impact the many Chelsea fans who follow their team passionately. But the government have given Chelsea a special licence as they are a culturally significant asset which will let them carry on their football-related activity. Chelsea employees who have corporate credit cards are unable to use them at the moment. "In the meantime, we trust that the UK government and Chelsea F.C. can find a solution that is in the interests of football fans and the local community as soon as possible." UK sanctions mean Abramovich is not allowed to sell Chelsea at the moment but the government is willing to issue a special license for the club to be sold.
Abramovich has been sanctioned by the UK government as part of its response to Russia's invasion of Ukraine. Technology minister Chris Philp said fans need ...
The UK government will consider permitting Chelsea's sale provided Roman Abramovich will not benefit from the deal.
But it’s important to remember that these sanctions are being imposed on those who have provided support to the Putin regime and the brutal assault on Ukraine.” But as we said yesterday, the measures we put in place are to ensure that any revenue generated can’t find its way back to the Putin regime.” A No 10 spokesperson said: “We’re in constant contact with the club and the Premier League over any issues that have been raised through the sanctions and the licence that the Treasury has issued them. No programmes will be on general sale on Sunday and people employed on a freelance and contract basis are no longer being paid. The licence permits Chelsea to continue paying employees but does not allow Abramovich to profit from the club’s income. “We are examining the details of yesterday’s announcement and we are still interested in making a bid,” Candy’s spokesperson said.
We'll send you a myFT Daily Digest email rounding up the latest Chelsea FC PLC news every morning. The UK plans to loosen some restrictions on Chelsea Football ...
Chelsea supporters are not alone in being impacted by sanctions on Abramovich, with Arsenal, Watford and West Ham among the teams still to play the Blues at ...
The bigger picture will hopefully be to get a swift resolution, to allow the club to be sold, to find a viable buyer who meets all the criteria, and to let Chelsea continue.” But in the grand scheme of things, what’s going on in Ukraine is a million times worse than having to worry about missing one or two Chelsea matches. Fans may be disappointed, and may even look to say it gives Chelsea a competitive advantage to not have away fans at Stamford Bridge – and there is an argument there – but most people will think this is bigger than football. “We need a solution full stop. - 2 April: Chelsea vs Brentford – 3pm “The reasons why all this is happening are so much bigger than football.
Premier League managers gave their reaction to Chelsea's off-field turmoil as the government assessed potential buyers.
I would’ve thought he was available tomorrow.” He and Edison [Cavani] are both available for tomorrow. He resumed training yesterday, he trained the whole training session and I expect him to train today.
As the WSL title race intensifies, defending champions Chelsea play under government sanctions. Here are the key things to look out for.
Chelsea FC frozen as an asset and a variety of measures imposed but the football club have been given permission to continue with 'football-related ...
If they were to beat us in the FA Cup, with no fans there, what would that do to the integrity of the competition? This connection with the Russian leader helped him to maintain his considerable wealth.” “The Premier League are also assessing that test. Chelsea should spend less time worrying about having a few thousand fans at one game, and focus on moving their club into the hands of someone who isn’t linked to a warmonger.” In terms of historic investment, I can’t comment much further.” “Sporting integrity and Chelsea do not belong in the same sentence. It comes as Chelsea prepare to face Lille in the Champions League on Wednesday, with manager Thomas Tuchel criticising Boris Johnson’s “priorities” after the Prime Ministers called on Blues supporters to stop chanting Abramovich’s name at matches. Start your Independent Premium subscription today. Middlesbrough responded with a furious statement while the club’s chairman, Steve Gibson, called Chelsea “pathetic” over the proposals. This connection with the Russian leader helped him to maintain his considerable wealth.” In a strong response to Chelsea’s request to play their FA Cup quarter-final behind closed doors, Middlesbrough said their claim of “sporting integrity” being at risk was “ironic in the extreme” “I can’t believe it.
With Trevoh Chalobah making a very early breakthrough in our 3-1 victory at Norwich on Thursday, we take a look at how it ranks on the list of Chelsea's ...
Football365 - The CST has asked for the government to consider the "casual staff" as they seek amendments to the license.
“The players need our support more than ever. “All these people rely on that (money) to put food on the plate. “It’s the casual staff who work on matchdays who aren’t going to get paid. “If he wants to stay (invested in Chelsea) and fight the UK Government, which I think he will find very very difficult, this could potentially drag on for months and months and destroy the club, which I don’t think he would want,” he said. The licence does not permit the club to be sold but the Government said on Thursday it is “open” to a sale if an application is made for a new licence. “If the Government wants to keep a tight, watchful eye on where the money goes, there’s nothing to hide and the club should have no issue with doing that,” he added.
Thomas Tuchel should step in and tell Roman Abramovich to walk away from Chelsea during what would be their third or fourth conversation ever.
‘Tuchel himself said the club was still the “perfect fit” for him and that he “loves everything about the club”. Presumably, that includes the fans, so the decent thing to do now would be to hang on for their sake and persuade the oligarch who employed him to do what he says he has always done. That would be the same Tuchel who hardly has an open dialogue with Abramovich, previously claiming to have had fleeting conversations with him a couple of times at most. PAUL POGBA is on the verge of agreeing a new five-year Manchester United deal. Manchester United are ‘confident of tying Paul Pogba down to a long-term deal… Martin Samuel of the Daily Mail wades in with this request for Chelsea fans to retain some perspective: with Nike possibly being the next to axe £900m deal!’
Mobile phone company Three has paused its Chelsea shirt sponsorship in the wake of Blues owner Roman Abramovich falling under UK government sanctions. Abramovich's UK assets are frozen save for Chelsea, with the Premier League club granted a special ...
“Of course, also for us, it’s maybe in the moment a bit more difficult because of the noise. “Maybe the worry is more to find enough shirts that we (can) play (in), with the sanctions! “This is what we do and I’m happy that we can still produce results and performances and we will be on it again to be ready for Sunday.” I tell you it will be a difficult one because Newcastle is strong; very, very strong. So I’m expecting a very, very tough game. “In the moment we try to have the focus right and tried to have the attitude right and the guys do this in a very impressive way and we need it on Sunday.”
Chelsea's main sponsors Three have suspended their partnership, but others are facing questions about their ongoing relationship after the sanctions against ...
A £20,000 limit has been placed on travel costs to their away matches, while the fees for holding home matches will be limited to £500,000. - Zapp Away fans were also heard repeatedly singing Roman Abramovich’s name at Carrow Road.
Chelsea will play without a shirt sponsor after Three announced they are suspending their £40 million-a-year deal with immediate effect.
The club can still fulfil fixtures and pay staff after being granted a special licence by the government but there are restrictions to rule out any possibility of Abramovich profiting from club transactions. We are currently assessing the situation with Chelsea FC." Therefore, we are offering connectivity packages to all Ukrainians in the UK, and those in Ukraine."
Roman Abramovich's name was chanted by Chelsea fans before and during Thursday's Premier League game at Norwich City.
"We do this because this is what we are as a club. It's not the moment to give other messages. It's the moment to show respect. "Our priority is to hold those who have enabled the Putin regime to account. Football clubs are cultural assets and the bedrock of our communities. We're committed to protecting them."
Chelsea's German head coach Thomas Tuchel applauds as he celebrates at the end of the English Premier League football match between Norwich City and Chelsea at ...
And then the weekend stretches out before us, overflowing with fresh football, like a broad field of green grass to the hungry goat. And apparently there was a Leicester game, and Atalanta and Leverkusen shared five, and PSV and Copenhagen shared eight, and, and, and, and we're going to have to have a sit down. The new manager bounce doesn't have to be a big bounce. A stout defensive performance unpicked by one moment of sharpness, as Sevilla's Munir El Haddadi cleverly decided to leave himself completely unmarked on the far side of the mixer. With the exception of Newcastle, who are on something of a tear, and Burnley, who are at least picking up a few points here and there, nobody in the bottom eight is in any kind of form. And of the four teams below Leeds, three have already rolled the dice on a change of coach, with limited success. Judging by the two games we've seen so far, you can understand why Leeds chose Jesse Marsch to succeed Marcelo Bielsa. Presumably there are nuances and differences that will become more evident over time, but there seems to be a definite continuation in terms of style. We can easily imagine Tuchel saying something similar to his charges before the game against Norwich: we can't deal with that now, put it out of your minds, this is a great club of great people, there's fans come all this way to see you, they're singing, they're chanting… Time it right, and it can be the difference between staying up and going down. Careful routines of visualisation and psychological self-care serve to help each footballer get themselves into the optimum condition to perform in a sport where the tiniest margin can make a difference. I think for all the questions everybody has — players, fans, staff — we have to give the club time to work through that. The men's team were away at Norwich, the women's were off to West Ham. Oh, and the club's owner had all his property seized by the government, virtually ending the club's ability to take in or give out money.
Uncertainty reigns at Stamford Bridge and the very real prospect of administration looms unless a swift solution can be found.
I would suspect that we will see a raft of suspensions, at the very least.” "Certainly, a fire sale of the club’s players is in nobody’s interests if that’s where the deal proceeds are heading because it will completely erode the value of the club. I could see a sale process for the club continuing on that basis. “I suspect that we will see a lot of suspensions and also some cancellations. “And if that happens, player sales would be permitted but you would expect them to be at a much lower value. “If they were well-advised then all these commercial partners would have the right to cancel or suspend,” he says.
Dean Smith confessed that Mason Mount played havoc with Norwich City last night during their game with Chelsea. Speaking after the Blues beat the Canaries ...
Keep up to date with all the latest Chelsea news and opinion by following The Chelsea Chronicle’s But this did not detract from a dominant and defiant display from the young forward. A driving run from Kai Havertz set up the 23-year-old to swerve past a Norwich defender and smash the ball past Tim Krul.
Chelsea were made to work hard in the second half for this victory in Norfolk, having cruised to a comfortable 2-0 lead by half-time, but we succeeded in ...
Kovacic, back in the side and now with a taste for long-range spectaculars after his Liverpool strike, came close to another one shortly before half-time but it curved just wide. The Blues had won four Premier League games in a row. With 12 minutes played, Havertz had another on-target effort saved after he had swivelled sharply, but we only needed to wait another minute for the scoreline to double. There were only two minutes on the clock when we took the lead against the bottom-placed club, Chalobah doing again what he has shown he is capable of this season – causing damage at a set-piece. Norwich cut the deficit with a penalty midway through the second period, just reward for their improved showing after the break after a dominant Chelsea first half. Mason Mount, who netted a hat-trick when we hosted Norwich earlier in the season, smashed in the second and it looked plain sailing.
Roman Abramovich has now been sanctioned by the UK Government and it's put Chelsea in financial turmoil, as they discover what they can and can't do under ...
“We have granted the club a licence so it can fulfil its fixtures, pay its staff and existing ticket holders can attend matches. Chelsea can request a special licence to allow the club to be sold, but for it to be considered the Government must see a change of ownership in the best interests of the club, and the sale cannot benefit Abramovich. Fans that paid for the season at the beginning of the year are covered, but supporters are now unable to purchase single tickets for the upcoming games, and with potential trips to Wembley should they stay in the FA Cup, they could be left with no fans. Chelsea will continue to receive the TV broadcasting money and also any bonuses for their performances in all competitions this season, although it will be frozen immediately. The saddest part of this all is how it affects the fans, but thankfully stewarding and refreshments at Stamford Bridge will continue to be provided, although they're subject to a £500,000 cap. This isn't the fault of the players, who have come to Stamford Bridge to play exciting football and represent one of the biggest English clubs, and the staff's contracts will continue to be honoured too.
Chelsea are still reeling from the news that the UK government has placed sanctions on owner Roman Abramovich, which limits their ability to operate. Manager ...