Roman Abramovich net worth 2022: Chelsea owner’s wealth analysed amid UK Government sanctions and sale hope

Chelsea owner Roman Abramovich has been put under government sanctions following Russia’s invasion of Ukraine.

Chelsea owner Roman Abramovich has been sanctioned by the UK government following Russia invasion of Ukraine.

The oligarch is one of seven known associates of Vladimir Putin to be placed under new financial restrictions, with Prime Minister Boris Johnson claiming “there can be no safe havens for those who have supported Putin’s invasion”.

As part of the fresh measures imposed on Abramovich, any proposed sale of the club will be subject to special dispensation from the government, and will only be granted on the condition that the billionaire profits from it in no way.

Abramovich announced last week that he planned to sell Chelsea after almost two decades at the helm amid mounting pressure on his ownership.

Other restrictions will prevent the Blues from selling match tickets and merchandise, as well as placing them under an effective transfer embargo.

What do the restrictions mean for Abramovich’s hopes of selling Chelsea?

Theoretically, Chelsea could still be sold, even in spite of Thursday’s fresh sanctions against Abramovich.

Ultimately, however, the Russian would have to receive no proceeds from the sale, and it would require governmental approval for it go through.

The likelihood is that any potential deal will be put on hold for now, and any future negotiations are almost certain to be complicated and protracted.

Despite the the sizeable obstacles that need to be navigated, however, The Times report that there are potential buyers who are still keen on striking a deal for the Blues.

What is Abramovich’s net worth?

As of March 2022, Abramovich’s current net worth is estimated to be around £10.7 billion, according to Forbes.

The magazine also believes the Russian to be the 142nd richest person on Earth.

Abramovich is known for his lavish purchases, owning a yacht worth over £500 million and owning homes across the UK, France, the US, the Caribbean and Russia.

It is though that the 55-year-old is looking to sell a number of his villas in a ‘panic’ - as Hansjorg Wyss claimed.

Abramovich’s links to Putin?

Abramovich’s relationship with Putin were established prior to the latter’s ascension to the role of President.

In 2012, a high court judge stated that the Chelsea owner had “privileged access” to the leader, as well as “very good relations”.

This is not the first time that Abramovich’s association with Putin and his role at Stamford Bridge have caused controversy, however.

Claims that Abramovich bought Chelsea on the orders of Putin led to the former receiving an apology from publisher Harper Collins after they were initially outlined in a book entitled “Putin’s People”.

The claims have since been removed.

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