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Thursday, March 28, 2024

Economic sanctions biting hard on Chelsea- Cech

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Chelsea technical advisor, Petr Cech, has said the club are having to live “day-by-day” in the wake of economic sanctions placed on owner Roman Abramovich by the UK government.

Abramovich was one of seven more oligarchs sanctioned this week by the UK following Russia’s invasion of Ukraine.

Chelsea have been given a special licence to continue operating, but there are fears they will quickly run out of money unless the terms of that agreement are eased.

Read Also: Could this be the end for Abramovich’s Chelsea Football Club?

As it stands the Blues are unable to sign players, renew contracts, sell tickets to matches or merchandise, with limits also on the amount of money they are allowed to spend on travel to away games.

Cech was one of the stars of the Abramovich era on the field as a goalkeeper for 11 years at Stamford Bridge between 2004 and 2015 before returning to the club in 2019.

He is the most senior Chelsea official to speak publicly since the sanctions were announced this week and could offer no guarantees the club could survive until the end of the season.

“We have to admit that we go day-by-day because we don’t have this in our hands,” Cech told Sky Sports.

Chelsea said in a club statement this week that they would seek more negotiations with the government over amending the licence “to allow the club to operate as normal as possible.”

Cech added: “The conversations are going on so that we can operate in the way that we can finish the season.

“I believe that for us to be able to, to carry on to finish the season would help everybody involved in the Premier League.”

Chelsea sit third on the Premier League table and are also still involved in the knockout stages of the Champions League and FA Cup.

On the field, Thomas Tuchel’s men responded to the chaos impressively to win 3-1 at Norwich on Thursday.

Tuchel said he had also not been given any assurances over what the future holds.

“I think anybody who gives an assurance should not be trusted because no one knows – this is my opinion – what’s coming,” said the German coach.

However, he insisted he and his players are still in a “privileged” position as he again condemned Russia’s actions in Ukraine.

“It is hard to focus only on football,” he added.

“As bad and as horrible as the situation is in Ukraine and the situation that Russia started this war, which is incredible and unacceptable and horrible, there are so many things which are much more important than football.”

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