SportsDay - Africa's Elite Sports Daily
A place where you need to follow for what happening in world cup

- Advertisement -

- Advertisement -

Barclays suspends Chelsea Credit Card

0 8

- Advertisement -

Chelsea’s club credit cards have been temporarily suspended by Barclays in the wake of Roman Abramovich being sanctioned by the UK government.

Chelsea employees who have corporate credit cards are unable to use them at the moment. It was reported earlier this evening that the club’s Barclays bank account had been frozen, but Chelsea now say that bank account is still operational this evening.

The Press Association reports Chelsea have had multiple accounts temporarily suspended while banks assess their operating licence

The UK government on Thursday gave Chelsea a licence to continue with football-related activities after Abramovich had “his assets frozen, a prohibition on transactions with UK individuals and businesses, a travel ban and transport sanctions” imposed on him.

- Advertisement -

The sanctions are intended to stop the 55-year-old from making any money in the UK, but the government has granted Chelsea a special licence to allow fixtures to be fulfilled, staff to be paid and existing ticket holders to attend matches.

However, Chelsea cannot offer new contracts to players or staff, conduct any transfer business or sell new tickets to matches as things stand.

The UK government are considering amending some of the restrictions they have placed on Chelsea so the club can stay in business.

At the moment Chelsea are not allowed to sell tickets for home games or any club merchandise.

- Advertisement -

They are also only allowed to spend up £500,000 to stage home games and up to £20,000 on travel to away games.

Chelsea have asked the government to look again at the restrictions.

- Advertisement -

Get real time updates directly on you device, subscribe now.

- Advertisement -

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More