Connect with us

Chelsea could be banned from playing in EPL, Champions League next season

Victorious

Published

on

Follow
SPORTS NEWS: Chelsea could be banned from playing in EPL, Champions League next season [New Sports News] » Naijacrawl
Photo: Naijacrawl

According to SportsMail, Chelsea are in real danger of not playing in the Premier League and Champions League next season.



The Blues' current operating license ends on May 31.

This means that Stamford Bridge's ongoing sale had to be finished by that date.

Chelsea's ability to compete in the Premier League and UEFA competitions next season could be jeopardized if there are any further delays.

The club's sale is in jeopardy due to concerns from the UK government that the club's owner, Roman Abramovich, is breaking his agreement to write off a £1.6 billion debt.

Towards the end of last week, Chelsea informed Whitehall – and the three remaining interested parties – that they wanted to restructure the way the Premier League club is being sold.

The changes would see Chelsea’s parent company, Fordstam Ltd, transferred to a Jersey-based company, Camberley International Investments, which appears to be linked to Abramovich.

That has raised alarm from key government figures, who are now concerned that permitting the restructuring could see Abramovich financially benefit from the sale of Chelsea.

Abramovich was sanctioned by the UK government earlier this year due to his apparent links to Russian president Vladimir Putin, who has led the shocking invasion of Ukraine.

And any scenario that would see Abramovich gain financially from the sale of Chelsea would be in breach of the terms of the Russian sanctions.

Abramovich had previously indicated the net proceeds of the sale would go to the victims of war in the Ukraine-Russia conflict.

The Russian businessman is arguing the sanctions imposed on him will prevent him from writing off Chelsea’s £1.6bn debt.

The development opens the door to significant delays to the process as the government looks to ascertain exactly who will benefit from the sale of the club in the event of the deal being restructured.

Those delays could have serious consequences for Chelsea’s future.

Click Here To Comment




Ojo Sunday Victor, A Professional Graphics Designer, and a skilled Content Writer in Entertainment, News and Sport Update.!An Undergraduate in Ladoke Akintola University of Technology (LAUTECH, Ogbomoso). Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Rohr confirms he could become Eagles’ next head coach

Victorious

Published

on

SPORTS NEWS: Rohr confirms he could become Eagles’ next head coach [New Sports News] » Naijacrawl
Photo: Naijacrawl
Gernot Rohr has disclosed that he is in talks with the Mali football federation (Fémafoot) about taking charge of the Eagles, the country's national team.The position has been empty since Mohamed Magassouba was ousted last month after Mali failed to qualify for the 2022 FIFA World Cup.The Eagles were beaten out of a spot in Qatar by Tunisia.Mali is looking for a new head coach with the 2023 Africa Cup of Nations qualifying matches starting in little over a month.The...
Continue Reading

Timon Wellenreuther Will Be Playing For Dutch Side Feyenoord This Season

Victorious

Published

on

SPORTS NEWS: Timon Wellenreuther Will Be Playing For Dutch Side Feyenoord This Season [New Sports News] » Naijacrawl
Photo: Naijacrawl
Timon Wellenreuther, a goalkeeper, will compete for Feyenoord of the Netherlands this year.An option to purchase is included in the agreement at the end of the campaign.In July 2020, Timon transferred from Willem II to our club. He returned to his former club on loan last year.Timon, who finished third in the Eredivisie last year, is now going back to play for Feyenoord in Holland.
Continue Reading

Despite Playing For Half Of The Season; Man U Named Bruno Fernandes As The Player Of The Year

Piroll

Published

on

SPORTS NEWS: Despite Playing For Half Of The Season; Man U Named Bruno Fernandes As The Player Of The Year [New Sports News] » Naijacrawl
Photo: Naijacrawl
The Portuguese player; Bruno Fernandes has been named Manchester United's Player of the year having only joined the club in January and played for half of the seasonBruno Fernandes has scored 8 goals and assisted 7 times in 14 games in his Premier League debut season with Manchester United since his transfer in January 2020.He also became the first Manchester United player to win back to back Premier League Player of the Month awards since Cristiano Ronaldo in the 2...
Continue Reading

Latest


Download Naijacrawl App today

Fastest way to read on the go

Download the Naijacrawl App.