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BREAKING
IRGC Commander Major General Mohammad Pakpour: As time passes, the people's solidarity increases, which is a divine blessing
IRGC Commander Major General Mohammad Pakpour: The Iranian Revolution Guard Corps' aerospace operations will not stop
Russian Foreign Ministry: IAEA Director General Rafael Grossi must ensure that an objective report is presented at the special session of the International Atomic Energy Agency (IAEA)
Russian Foreign Ministry: The UN Security Council must respond to the US attacks on Iran
Russian Foreign Ministry: We strongly condemn the US strikes on Iran, calling the decision irresponsible
Iranian Red Crescent: Three personnel martyred, 29 injured in Israeli aggression
IRGC: We have identified and monitored the departure points of the US aircraft that carried out the aggression
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Iran's IRGC: Washington has placed itself directly on the frontline of aggression by attacking peaceful facilities

Roman Abramovich disqualified as Chelsea FC director

  • By Al Mayadeen net
  • Source: Agencies + Al Mayadeen Net
  • 12 Mar 2022 16:22
2 Min Read

Seven billionaires have been sanctioned by the United Kingdom in response to Russia's military operation in Ukraine.

  • x
  • Roman Abramovich disqualified as Chelsea FC director
    Roman Abramovich (IMAGO)

The Premier League board of directors has removed Russian billionaire Roman Abramovich from his position as director of Chelsea.

The league released a statement saying that 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 license issued by the Government which expires on 31 May 2022."

The board also stated that its decision will have no impact on the sale of Chelsea FC, which is likely to take place under government approval.

Last week, Roman Abramovich declared his intention to sell the club, stating that the decision is "is in the best interest of the Club, the fans, the employees, as well as the Club’s sponsors and partners".

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The Russian entrepreneur stated that he would donate all revenues to victims of Ukraine's crisis. This involves giving crucial cash for victims' immediate and urgent needs, as well as helping long-term healing efforts.

According to UK media, Abramovich was selling the club as well as other properties in the country to avoid penalties related to Russia's military operation in Ukraine.

The Western world has unleashed a campaign of sanctions against Moscow, with restrictions encompassing everything from media outlets, cats, banks, to even a Canadian french fry dish. 

Germany’s Deutsche Bank Ltd., contrary to corporations following the trend of distancing themselves from Russia, has opted to continue its business in the country.

The bank’s CFO told CNBC that the decision stemmed from Deutsche Bank’s duty to care for its clients that still operate in the country. Meanwhile, Goldman Sachs said on Thursday that it would limit its business in Russia, and HSBC told its staff on Monday to stop dealing with Russian banks.

  • Russia
  • Chelsea
  • Sanctions on Russia
  • chelsea FC
  • United Kingdom
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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Rescue team work at the site where a missile launched from Iran struck Tel Aviv, Israel, Monday, June 16, 2025 (AP)

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