Chelsea had an overall net loss of 121.3 million pounds ($148.65 million) for 2021–22 due to “extraordinary expenses and loss of revenue” after sanctions were imposed on previous owner Roman Abramovich, the Premier League club said on Monday. Russian owner Abramovich put the club up for sale in early March last year following Russia’s invasion…
Chelsea Post 121.3 Million Pounds Loss, Blame Sanctions on Former Owner Abramovich
Portugal Says Sanctions Against Abramovich Don’t Apply Outside UK
March 10, 2022
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LISBON—Portugal said on Thursday that sanctions imposed by Britain on billionaire Chelsea soccer club owner Roman Abramovich, a Portuguese citizen since last year, did not apply outside the United Kingdom due to its exit from the European Union. In a statement sent to Reuters, the justice ministry also said EU sanctions against Russian oligarchs due…
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