Jakarta, IDN Times – Chelsea is now facing the threat of bankruptcy after the British government imposed sanctions on Roman Abramovich. Sanctions imposed by the British government on Abramovich, did curb Chelsea’s business activities.
As a result of the sanction, Chelsea could not make transfers, extend player contracts, sell match tickets, and even fans were prohibited from attending Chelsea away games.
Read also: Chelsea’s glory in the midst of the storm that hit
1. Threatened to lose sponsor
It was even more complicated when Chelsea’s main sponsor, Three, decided to suspend cooperation. That is, a contract worth 40 million pounds, or the equivalent of Rp752 billion per year with Three, is now in danger of being lost after the sanctions were dropped.
Of course, with that condition, Chelsea will be without income. They actually spend more for paying players and other club operations.
2. The license is not valid for Chelsea accommodations to get income
Continue reading the article below
Indeed, Chelsea got a special license from the British government during Abramovich’s ban. However, the license is only valid to allow the club to compete until the end of the 2021/22 season.
Then the license does not apply to the club’s business activities. In fact, despite holding the license, Chelsea is not allowed to open its official souvenir shop.
The only thing allowed is to pay salaries to players, managers, staff and others. Extending contracts and buying and selling players is also not allowed.
Also Read: Chelsea Threatened Not Qualifying Champions League Due to Abramovich Sanction
3. Only have 81 days
Reported by The Sun, within 81 days, Abramovich should be able to sell Chelsea. If not, then the threat of bankruptcy is getting real.
Chelsea’s spending on player and staff salaries, if totaled, reached 333 million pounds, or equivalent to Rp. 6.2 trillion for a year. Not to mention the expenses needed to carry out away games and hold home parties.
Chelsea is still being paid for the money from broadcasting rights. However, it is not necessarily that it can be used.