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Russia’s invasion of Ukraine:Chelsea’s bank account suspended

Ablebaba by Ablebaba
March 17, 2022
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Russia’s invasion of Ukraine:Chelsea’s bank account suspended
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According to reports:

Chelsea’s bank account has been temporarily suspended by Barclays bank, another strong move, following the Russian invasion of Ukraine and the subsequent sanction of Russian Oligarch, Roman Abramovich by the UK government.According to SkyNews, the reason behind the suspension is that the bank requires time to assess the licence Chelsea have been given to continue football-related activities.Chelsea’s company credit cards have also temporarily been suspended. The club said in a statement Friday that it is hopeful the suspension will be lifted shortly.The UK government on Thursday, March 10, gave Chelsea a licence to continue with football-related activities after Abramovich had “his assets frozen, a prohibition on transactions with UK individuals and businesses, a travel ban and transport sanctions” imposed on him.The sanctions are intended to stop the 55-year-old from making any money in the UK, but the government has granted Chelsea a special licence to allow fixtures to be fulfilled, staff to be paid and existing ticket holders to attend matches.But, Chelsea cannot offer new contracts to players or staff, conduct any transfer business or sell new tickets to matches due to the sanctions ..

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Ablebaba

Mirasplay is dedicated to serve you the juiciest information, News gists, latest song, Net Worth, Albums, and music Videos as well as Educative gists. Vision: Our main aim is to give our site visitors legit Updated information about things In their locality and also give them something that will make them stick to Mirasplay. Our Mission is to become one of the Best Online Entertainment Website, delivering fresh updates. People find our website much more interesting that’s why we have been growing ever since our creation . We hope to keep delivering fresh contents to all our viewers and lovers. You Can Connect With Us On [email protected]

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