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Saturday, March 12, 2022

Roman Abramovich tells bank to SELL Chelsea even though he won’t get a PENNY with Russian put in financial headlock

  ROMAN ABRAMOVICH has told his US bankers to push ahead with Chelsea’s sale after the Government put him in a financial headlock. Billi...

 

ROMAN ABRAMOVICH has told his US bankers to push ahead with Chelsea’s sale after the Government put him in a financial headlock. Billionaire Red Rom last night instructed Raine Group to tell bidders to submit offers by next Frida — despite sanctions taking any profits or proceeds out of his hands.

It came after Chelsea ’s corporate credit cards were briefly FROZEN as Barclaycard feared allowing the Blues to trade would mean they were breaking the law. Bankers temporarily suspended the corporate cards in a “risk averse” response to UK sanctions slapped on Putin’s pal.

Chelsea are haemorrhaging cash after the club was banned from selling tickets and merchandise — an telecom firm sponsors Three pulled out of their £40million-a-year deal . The club were also told they must meet all their bills, including player wages, from the current bank balances.

And with a £28million-a-month wage bill, the team has reportedly just over two weeks to find a new buyer or go into administration . The £2.5billion sale of the Prem giants had been suspended following sanctions, with the UK Government insisting Abramovich cannot make a single penny from it.

Raine will now ask the Government to grant a licence to push through a sale in the next six week to stop the Blues falling into administration. The credit card issue was being resolved last night after being confirmed as a misunderstanding, while club officials emphatically denied claims Chelsea’s bank accounts had been placed on hold.

Man City ‘AGREE £100m transfer with Haaland’ as While Prem bosses accept reassurances that no action will be taken by the Government that could harm Chelsea’s ability to complete the season, the consequences of sanctioning Abramovich were becoming more severe. 

  The Blues are allowed to receive their next batch o TV fees — worth an upfront £5million per month from the Prem’s deal and potentially £20m more b Uefa.

But they CANNOT touch ANY of that money to pay bills. The same applies to payments for loan deals and transfers from other clubs. And it means Rom has been left in no uncertain terms that he is expected to hand over control of the club to a buyer within days — even though any funds raised would be effectively held by the Government.

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