Chelsea owner Roman Abramovich hit by UK sanctions

Sanctions bar oligarch Abramovich from selling his $3 billion soccer club 

 Chelsea Football Club’s Russian owner Roman Abramovich was on Thursday hit with a UK assets freeze and travel ban, throwing his plans to sell the European and world club champions into disarray. The billionaire owner of the English Premier League side was one of seven oligarchs slapped with restrictions over Russia’s Ukraine invasion, including his former business partner Oleg Deripaska.

Others sanctioned were Rosneft chief executive Igor Sechin, whom the British government described as Russian President Vladimir Putin’s “right-hand man”, and the head of Gazprom Alexei Miller. Also on the list were VTB bank chairman Andrey Kostin, Transneft president Nikolai Tokarev and Bank Rossiya chairman Dmitri Lebedev.

London said the seven have a collective net worth of about £15 billion ($19.7 billion, 17.8 billion euros) and described them all as part of Putin’s inner circle.

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