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Israeli media: At least two soldiers killed by anti-tank missile fired at Israeli army forces in the Gaza Strip
Local Syrian sources: Mortar shells fell on more than nine villages in the Sweida countryside
Local Syrian sources: Dozens of dead and wounded have arrived at Sweida hospitals as a result of ongoing clashes at several locations in the western Sweida countryside
Local sources: Civilians, including children and women, were injured in the al-Maqous neighborhood of Sweida, in Syria, as a result of ongoing clashes
Israeli media outlet: Security incident reported in the Gaza Strip
Iranian Foreign Ministry spokesperson: No new date or venue has been set for the meeting between Araghchi and Witkoff, and no negotiations will take place until the outcome is guaranteed
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Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation

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.

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  • 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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