MOSCOW, Mar 11 despite a valid UK government license to operate, reports The Times. UK authorities on Thursday imposed sanctions on seven Russian businessmen, including Chelsea owner Roman Abramovich. Those sanctioned will be banned from entering the UK, and their assets in the country will be frozen. Earlier, Abramovich handed over the management of Chelsea to the trustees of a charitable foundation. At the same time, the British government issued Chelsea a license that allows the club to continue football-related activities, including holding matches. Specified that the license allows you to perform only certain actions. This restriction is to ensure that Abramovich cannot circumvent UK sanctions, and compliance with the license will be constantly monitored. According to the publication, despite the issued license, several Chelsea corporate accounts, including credit cards, have been frozen, as banks are «risk averse» “The license allows the club to continue its day-to-day operations, but the banks have no risk appetite,” the source said. “They froze some corporate credit cards. This put a lot more pressure on the club.”
