The Latest Breaking News from Roman Abramovich

The club has gone from being world champions to up for sale and now a frozen asset seized by government. Here is a how it happened

Sanctions placed on Chelsea owner Roman Abramovich are likely to have severe consequences on the London club

Arsenal transfer news: The Gunners pursuit of Chelsea youngster Armando Broja could be negatively impacted by the recent sanctions on Chelsea's Roman Abramovich

With Chelsea owner Roman Abramovich having his UK assets frozen, Manchester United could become beneficiaries of the situation amid their reported interest in Antonio Rudiger

The Chelsea football club owner, Roman Abramovich, is among seven Russian oligarchs to be hit with sanctions by the UK on Thursday, in an effort to further punish allies of Vladimir Putin over the invasion of Ukraine.

Lost Premier League ticket sales alone will potentially cost the club over £2million.

Chelsea can continue to operate under a strict licence designed to withdraw access for Abramovich to any new revenue.

What a difference two weeks makes. Prior to Russia’s invasion of Ukraine, Chelsea were among a select few super-clubs who had effectively been insulated from the impact of the pandemic by their owner’s fabulous wealth and looked set to dominate domestic and European football in the years ahead.

The Blues’ oligarch owner is being forced out of football but it should not have taken a war to make the game do some soul-searching, writes Tony Evans