Billionaire’s alleged ties to Russian President Vladimir Putin have led to his UK assets being seized indefinitely
Samkelo Mtshali samkelo.thulasizwe@inl.co.za THE fall from grace of English football giants Chelsea Football Club could be as spectacular as their rise from English Premier League also-rans into a European superpower in the mid-2000s. Russia’s invasion of its neighbour Ukraine has seen Chelsea’s billionaire Russian owner Roman Abramovich putting the Blues up for sale due to alleged ties to Russian President Vladimir Putin and the Kremlin and subsequently having his English-based assets frozen by British Prime Minister Boris Johnson’s administration. Meanwhile, for Chelsea the pain is also palpable as the club’s bank accounts have been frozen, and ticket sales (bar season ticket holders) banned; they will not be able to sign new players nor extend the contracts of incumbent playing personnel while Abramovich, 55, is still the owner. This has necessitated…