UK freezes Abramovich’s assets putting Chelsea future in doubt

The UK froze the assets of Chelsea Football Club owner Roman Abramovich, as Boris Johnson’s government dramatically stepped up its sanctions against prominent Russians over the invasion of Ukraine. Abramovich and six others face a full asset freeze and travel ban, and are prohibited from transacting with UK citizens or businesses, the Foreign Office said in a statement Thursday.

“We will be ruthless in pursuing those who enable the killing of civilians, destruction of hospitals and illegal occupation of sovereign allies.” The other sanctioned Russians include Igor Sechin, the chief executive of oil giant Rosneft, and Alexei Miller, chief executive of Gazprom. Oleg Deripaska, who has stakes in En+ Group, also had his assets frozen. The measures are worth an estimated 15 billion pounds , according to the UK.

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