Chelsea claim Abramovich sanctions a factor in £121m losses

Government took action against former owner last March Losses do not take into account recent spending Chelsea have claimed UK government sanctions imposed on their former owner Roman Abramovich were a factor in them posting losses of £121m for the 2021-22 season. Abramovich was sanctioned in March last year as the government sought to freeze the assets of individuals believed to have connections to Vladimir Putin after the invasion of Ukraine. Chelsea were placed under a special licence that r...