Chelsea’s bank accounts have been frozen, according to reports.
Chelsea Football Club is in financial trouble after Barclays have closed their bank accounts; as a result of Roman Abramovich’s sanctions. The London-base club’s credit cards were also frozen, according to a Sky Sports report. The move is also mention to be due to the bank’s requirement for time to evaluate the license Chelsea; has been grant to continue football-related activities. Chelsea’s bank accounts have been frozen, according to reports.
The club is hopeful that the suspension will be remove soon, according to people close to the website.
“The license allows the club to carry on with day-to-day operations;” a source close to the club told times.co.uk, “but the banks don’t have the risk appetite for it.”
“They’ve put a hold on some of the company’s credit cards;” It has increased the strain on the club,” it continued.
According to another story by Dominic Fifield of The Athletic, the team has been unable; to purchase fuel for the team bus because the suspension includes company credit cards.
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The club’s future was, as of now, in question. Abramovich, whose $2 billion speculation in Chelsea over 19 years changed the club into a European powerhouse; put the group up for a deal in the final week in the midst of mounting calls; for sanctions against a man the government has also labeled a “pro-Kremlin oligarch” connected to “destabilizing, undermining, and undermining” Ukraine.
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Abramovich is additionally denounce by the British government for getting budgetary; favors from Putin’s administration, counting contracts in the run-up to Russia facilitating the 2018 World Cup. Chelsea’s next Head Premier League experience will be against Newcastle.
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