Penalties for Chelsea?

Mar 16, 2022 · 19m 12s
Penalties for Chelsea?
Description

What now for Chelsea FC? After the UK government imposed sanctions on Russian owner Roman Abramovich, the club has been denied access to the funds that enabled investment in some...

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What now for Chelsea FC? After the UK government imposed sanctions on Russian owner Roman Abramovich, the club has been denied access to the funds that enabled investment in some of the world's best players and helped it become one of the biggest clubs in European football. No income, either, from ticket or merchandise sales can be made by the club, throwing its short term future into doubt. It's unclear whether Chelsea can even pay its squad and staff next month, such is the punishing nature of the sanctions put upon Mr Abramovich over his ties to the Kremlin and Vladimir Putin in the wake of Russia's invasion of Ukraine. So how will this play out on and off the pitch? We speak to Kieran Maguire who lectures in football finance at the Liverpool University; Justine Walker, an anti-money-laundering compliance specialist based in the UK; Jai McIntosh, a sports writer and Chelsea fan and former Chelsea player Pat Nevin. The programme is presented by Ed Butler and is produced by Elizabeth Hotson and Russell Newlove.

Picture: Chelsea FC's crest Credit:PA
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Author BBC
Organization BBC
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