Chelsea allowed to receive £30m funds via Roman Abramovich’s company

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In a recent interview, Sky Sports chief reporter Kaveh Solhekol explained why Chelsea were allowed to receive £30 million in funds via Roman Abramovich‘s company Fordstam Ltd.

The Chelsea owner was Sanctioned by the Uk Government for having close ties with Vladimir Putin, after the invasion of Ukraine by Russia. While the owner had publically announced that he was putting the club up for sale. The process to sell the club was put on hold after the sanctions. The club was also not allowed to sell any tickets or club merchandise. On top of all that, the club are not allowed to review the contract of the player. They are also not allowed to make any transfers.

But recently the UK government made amendments to the sanctions. Meaning that the fans were allowed to buy tickets to attend their side’s games. The fans are now allowed to buy tickets for the FA Cup semi-final tie against Crystal Place. The club were also allowed a £30 million fund via their parent company.

Kaveh Solhekol’s verdict on the current Chelsea situation

Sky Sports chief reporter Kaveh Solhekol basically explained that the European champions needed the £30 million funds to keep the club going. They need the funds to fulfill their fixtures and schedule for the rest of the season. The UK Government had to do this to keep the club going until the club is sold. He also stressed that the UK Government wants the club to be sold as quickly as possible.

Sports Minister Nigel Huddleston’s ruling on the government’s decision

In a recent interview talking about the government’s decision regarding Chelsea, Nigel Huddleston said:

 “The Government has today made alterations to the licence to Chelsea Football Club. So that fans will be able to access tickets to away matches, cup games and women’s fixtures.

“I would like to thank fans for their patience. While we have engaged with the football authorities to make this possible.

“Since Roman Abramovich was added to the UK’s sanctions list for his links to Vladimir Putin. We have worked extensively to ensure the club can continue to play football. While ensuring the sanctions regime continues to be enforced.”

The Premier League have confirmed that any additional funds they receive from the Chelsea ticket sales will go towards charities helping Ukrainian refugees. A Premier League spokesman said:

“Chelsea FC have requested. And the Premier League agreed that this revenue will be donated to charity to benefit victims of the war in Ukraine. The beneficiary charities will be announced in due course after consultation with the club.”

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