The UK government has sanctioned Chelsea FC owner Roman Abramovich as part of its response to Russia’s invasion of Ukraine.
Chelsea’s sale is on hold due to Abramovich’s sanctions, and the club is unable to sell tickets, merchandise, or move players.
He is one of seven oligarchs who have been sanctioned with new measures including as asset freezes and travel bans.
Igor Sechin and Oleg Deripaska, both billionaires and Vladimir Putin’s cronies, are also on the list.
“There can be no safe havens” for individuals who supported the invasion, Prime Minister Boris Johnson stated.
“Today’s sanctions are the latest sign of the United Kingdom’s steadfast support for the people of Ukraine.” Mr Johnson stated, “We will be relentless in our pursuit of those who facilitate the death of civilians, the devastation of hospitals, and the illegitimate takeover of sovereign allies.”
Mr Abramovich, who stated he made the “tough decision” to sell Chelsea FC earlier this month, has put pressure on the government to penalise him.
The 55-year-old Abramovich is accused of having close ties to Russian President Vladimir Putin, which he denies.
Mr Abramovich, who has a net worth of £9.4 billion, is “one of the few oligarchs from the 1990s to maintain importance under Putin,” according to the authorities.