Sports

Ukraine: Chelsea’s Bank Account Suspended By Barclays

Published

4 years ago

March 11, 2022

Chelsea’s bank account has been temporarily suspended by Barclays in the wake of Roman Abramovich being sanctioned by the UK government.

The club’s credit cards have also temporarily been suspended.

The reason behind the suspension is that the bank requires time to assess the licence Chelsea have been given to continue football-related activities, Skysports reports.

Chelsea are hopeful the suspension will be lifted shortly.

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.

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.

Chelsea are scheduled to play Newcastle United, live on Sky Sports, on Sunday.

“Barclays suspending Chelsea’s bank account is going to have serious, serious repercussions for the club.

“The issue Barclays have got is that the bank account is in the name of Chelsea but the owner is still Roman Abramovich, who has been sanctioned by the UK Government.

“Nobody in the UK is allowed to do any business with Abramovich. Chelsea have a special licence to carry on their football-related activities but Barclays have to be sure they are comfortable taking the risk of carrying on providing banking services to Chelsea. Most banks are very risk-averse.

“They do not want to do business with people that have been sanctioned by a government. Just because the UK Government say Chelsea can continue to carry on and play games it doesn’t mean Barclays are going to be comfortable with that arrangement. It’s well within their rights to withdraw banking services completely. But this is a temporary suspension and Chelsea are hopeful the suspension will be lifted shortly.

“The bank will want to be sure that Chelsea are spending the money on what the government have allowed them to.”

Sports

EPL: Chelsea Set To Sanction First Summer Transfer Under Alonso

Published

6 hours ago

May 28, 2026

Editor

Chelsea are set to sanction their first summer transfer under their new manager, Xabi Alonso.

According to the BBC Sport, the Blues are ‘open’ to selling Filip Jorgensen this summer after the goalkeeper indicated his desire to leave Stamford Bridge.

Jorgensen joined the Premier League west London club two seasons ago from Villarreal.

The 24-year-old shot-stopper was expected to compete for the number one position with goalkeeper Robert Sanchez, but he made just 11 Premier League appearances over the two seasons.

However, while the arrival of Alonso to Stamford Bridge could lead to a change in fortunes for Jorgensen, the report added that the Danish star has already expressed his desire to leave Chelsea this summer to get more regular playing game-time elsewhere.

Chelsea had blocked a potential exit for Jorgensen in the January transfer window, but the Premier League west London club are now open to a sale, with European and English clubs expected to explore a deal for the goalkeeper.

Sports

EPL: ‘Go For Alvarez’ – Paul Merson Hands Arsenal Two Signings To Make

Published

2 days ago

May 26, 2026

Editor

Arsenal legend, Paul Merson, has handed his old club two signings to make in the summer.

Merson wants Arsenal to sign Atletico Madrid striker Julian Alvarez and a new midfielder.

“I would get a centre forward this summer, I would go for Julian Alvarez,” Merson said on The Good, The Bad & The Football podcast.

“I am a big fan. If they could get him, I would. I still think they probably need another midfield player as well.”

Arsenal is expected to bolster its squad in the summer after winning the Premier League title ahead of Manchester City this season.

Sports

EPL: Wayne Rooney Picks Most Improved Player This Season

Published

2 days ago

May 26, 2026

Editor

Manchester United legend, Wayne Rooney, has picked the Red Devils defender Luke Shaw as the most improved player in the Premier League following the conclusion of the 2025/26 season.

Speaking on his BBC podcast, Rooney said, “I think, for me, Luke Shaw. I think Luke Shaw has been the most improved player this season.

“I know he is an experienced player now, but I think his level this season has been much better than it has been in recent seasons.

“People might look at Kobbie Mainoo but I don’t think he’s improved. It was just the fact he wasn’t playing under the former manager so it wasn’t good or bad.”

Shaw enjoyed one of his most consistent seasons at Man United and started all of Man United’s Premier League games.