Roman Abramovich disqualified as director of Chelsea Football club.
The Russian billionaire has been banned from the Premier League after the UK government sanctioned him a few days back.
The disqualification won’t hamper the club’s ability to train and play.
Roman is allegedly known to have strong ties with Russian President Vladimir Putin but he denies that.
A Premier League statement read: “Following the imposition of sanctions by the UK Government, the Premier League Board has disqualified Roman Abramovich as a Director of Chelsea Football Club. The Board’s decision does not impact on the club’s ability to train and play its fixtures, as set out under the terms of a licence issued by the Government which expires on 31 May 2022.”
Chelsea is now open to sale but with a new license which says that none of the profits from the sale would go towards Roman Abramovich.
Abramovich certainly won’t find a buyer willing to pay his £3 billion asking price and a price cut is the most viable option for all parties.