Chelsea sanctions prompt soul-searching over football finance

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The chaos engulfing Chelsea following sanctions imposed on Russian billionaire owner Roman Abramovich has sparked fresh debate over the sources of money that fuel Europe's richest league.

In this file photo taken on November 20, 2011 The Chelsea football club badge is seen in the stadium during the English Premier League football match at Stamford Bridge in London. – Chelsea owner Roman Abramovich on March 2, 2022, confirmed he will sell the Premier League club amid Russia’s invasion of Ukraine. Russian billionaire Abramovich has decided it is in the “best interest” of the Champions League holders if he parts ways with the club he has transformed since his purchase in 2003.

An expedited sale of the European champions will soon bring the curtain down on 19 years of nearly unbroken success under their 55-year-old owner, who has overseen five Premier League titles and two Champions League triumphs. Reflecting the intensified focus on off-field issues, Newcastle boss Eddie Howe was forced to field questions after the Chelsea game about scores of executions in Saudi Arabia instead of incidents during the match.

Opposition Labour lawmaker Chris Bryant said it would be “good to see the back of” Sheikh Mansour as City owner, while the government criticised his meeting with Assad, saying it undermined prospects for a lasting peace in Syria. “If we take the example of Chelsea, one of the options for replacing an outgoing Russian is a consortium of an American and Swiss billionaire, so for British football fans the situation is not going to change.”The British government acknowledges the need for a shake-up, publishing a fan-led review into governance of the sport in November.

Huddleston told a committee of lawmakers last week he believes the English game is at a “turning point”.

 

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