Abramovich is named in Parliament as Prime Minister Boris Johnson unveiled Britain's largest-ever package of sanctions against Russia after the country invaded Ukraine.Abramovich gives trustees of Chelsea's foundation stewardship of the club amid calls in Britain that the Russian be sanctioned over Moscow's invasion of Ukraine.
The team is allowed to carry on playing but the government said it was open to selling the club as long as Abramovich himself did not benefit.Potential buyers for Chelsea told to approach the government. The club is permitted to operate under strict conditions which prevent transfer deals and new ticket sales while club merchandise store is closed.The Premier League board disqualifies Abramovich as a director at the club after he was sanctioned by the government.
A consortium led by Boehly and backed by Clearlake Capital wins the bid to acquire Chelsea in a deal worth 4.25 billion pounds .The Boehly-Clearlake consortium passes the Premier League Owners' and Directors' Test, paving the way for the club's takeover.The British government issues a licence that permits the sale of Chelsea to the Boehly-led consortium.Portugal gives Abramovich the green light to sell Chelsea.
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