ROMAN Abramovich has been urged to give up Chelsea with nothing to prevent the club from going bankrupt.
Ministers will only sanction the sale if a friend of President Vladimir Putin does not receive a dime.
Fans say if Abramovich is interested in the club, he should walk away.
The club’s credit card was frozen yesterday amid pressure on Roman Abramovich to give the club freebies.
Bankers have temporarily suspended corporate cards in a “risk-averse” response to UK sanctions levied on Putin’s friend.
Chelsea are running out of cash after the club were banned from selling tickets and merchandise – and telecoms sponsor Three pulled out of their £40m-a-year deal.
And with a salary of £28m a month, the team is said to have just over two weeks left to find a new buyer or start management.
The government has said it is ready to approve the sale of the 117-year-old club on the condition that Abramovich does not receive a dime. If he refuses and takes a seat at the club, fans fear that the five-time Premier League champions will quickly go bankrupt.
Culture and Sports Secretary Chris Philp said: “Because of the Government licensing conditions issued today, sales will not be allowed.
“If a buyer shows up then they, or the club, can approach the Government and ask for different conditions to allow the sale. But clearly, no proposal will be accepted as the proceeds of any sale are transferred to an unrestricted bank account owned by Abramovich. ”
Mr. Philp suggested that Abramovich not be punished sooner as his lawyers would try to block the move. “These oligarchs have very heavy capabilities so it’s important to make sure the case is watertight,” he said.
Dan Silver, of Chelsea Supporters’ Trust, said: “If he really cared he would leave.
“He has two options. He can go against the Government, potentially spell the end for Chelsea, or he can stay true to his word and prove it’s love and football. ”
It is conceivable that Chelsea will miss out on £600,000 per game per day.
The makers of the Nike football kit are said to be considering terminating their £900m contract.
It remains unclear what will happen to the cash if there is a sale, with some saying the money will go to Ukrainian refugees fleeing Putin’s forces.
Julian Knight, Tory MP and chairman of the sports selection committee, said: “Abramovich claims to be a great Chelsea fan. If it was him, he needed to get away from the million-mile club right now. ” He said the crisis could prove a “critical moment” if it sparks a debate over the ownership of top clubs.
Chelsea met with officials from the Department of Communications and Sports and the Treasury yesterday.
The club wants to change the license so it can grow and spend more. And insiders say the £20,000 limit on travel to fixed devices is too low.
The Sun understands that ministers are willing to change the limit. But the Government has dashed hopes of lifting the ban on the sale of goods.
Credit cards were temporarily frozen while banks worked out the impact of the sanctions.
It is understood that Barclaycard suspended their account because they did not want to be found in violation of the license.
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https://www.the-sun.com/sport/4876668/roman-abramovich-urged-give-chelsea-away-for-free/ Roman Abramovich appeals for a FREE Chelsea giveaway because the club’s credit card is frozen