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Soccer-Chelsea future uncertain after sanctions against owner Abramovich

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 European soccer champions Chelsea are now effectively controlled by the British government after sanctions were imposed against Russian owner Roman Abramovich on Thursday.

Abramovich, who had been under scrutiny following Russia’s invasion of Ukraine, had announced he was selling the Premier League club last week.

That process is now on hold, leaving the west London club, ranked by Forbes as the seventh most valuable in world soccer at $3.2 billion, in a state of limbo, operating under a special government licence.

The Russian bought the club in 2003 for a reported 140 million pounds ($184 million) and his investment resulted in the most successful era in their history as they won five Premier League titles, five FA Cups and the Champions League twice.

His purchase of the club helped transform the landscape of English football with Chelsea breaking the stranglehold of Manchester United, Arsenal and Liverpool.

Abramovich had funded Chelsea via 1.5 billion pounds in total loans through Fordstam Limited, the entity through which he owns the club.

In their most recent accounts in December, Chelsea, who reported post-tax losses of 145.6 million pounds ($191.93 million) for the year ended June 30 2021, said they were “reliant on Fordstam Limited for its continued financial support”.

Yet now there is a huge question mark over the club’s future.

Chelsea, the Premier League and a spokesperson for Abramovich did not immediately respond to requests for comment.

NEW OWNERS

A number of potential new owners had emerged in the past week, including several American sports executives, but there is now a block on any sale.

A spokesperson for Britain’ Prime Minister Boris Johnson said that block could be lifted in the future if another licence is agreed to.

“We would have to grant a further licence. I think it is fair to say the government is open to the sale of the club, but … currently, it would require another licence and that would require a further conversation with the Treasury (finance ministry),” he told reporters.

“The principle has been to mitigate the impact on fans …, these measures are designed to punish those close to (Russian President Vladimir) Putin.”

A source close to Chelsea told Reuters on Wednesday that the expectation within the club was that a deal would be done “sooner rather than later”.

New York investment bank Raine has been handling the sale and potential buyers will now have to wait to see whether a licence allowing a sale is granted and how any eventual legal action from Abramovich proceeds.

Chelsea are now operating under a special government licence, which allows some exemptions to the asset freeze restrictions, in order to allow the club to fulfil their fixtures.

Chelsea, who are third in the Premier League and in the last 16 of the Champions League, will be able to play their games and pay their players while broadcasters will be permitted to show their matches on television.

Only fans who have already purchased tickets or who have season tickets will be allowed to attend matches, the government said, while no new merchandising sales will be permitted.

The club shop has put up a notice saying it is closed due to the latest government announcement.

TRANSFER DEALS

The club will not be able to enter into transfer deals for new players or receive money for selling existing players — effectively a transfer ban.

However the club will be able to continue paying the wages of all employees, including their playing and coaching staff.

British government Culture Secretary Nadine Dorries said the moves were aimed at “depriving Abramovich of benefiting from his ownership of the club”.

“I know this brings some uncertainty, but the Government will work with the league and clubs to keep football being played while ensuring sanctions hit those intended,” Dorries said in a statement.

“Football clubs are cultural assets and the bedrock of our communities. We’re committed to protecting them.”

Fans group, the Chelsea Supporters Trust (CST), urged the government to involve fans in future decisions over their club.

“The CST notes with concern the Government’s statement regarding the owner. Supporters must be involved in any conversation regarding ongoing impacts on the club and its global fan base,” it said in a statement.

“The CST implores the Government to conduct a swift process to minimise the uncertainty over Chelsea’s future, for supporters and for supporters to be given a golden share as part of a sale of the club.”

($1 = 0.7586 pounds)

 

(Reporting by Simon Evans, Additional reporting by Elizabeth Piper and Andrew MacAskill; Editing by Toby Davis and Ken Ferris)

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Edmonton Oilers sign defenceman Travis Dermott to professional tryout

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EDMONTON – The Edmonton Oilers signed defenceman Travis Dermott to a professional tryout on Friday.

Dermott, a 27-year-old from Newmarket, Ont., produced two goals, five assists and 26 penalty minutes in 50 games with the Arizona Coyotes last season.

The six-foot, 202-pound blueliner has also played for the Vancouver Canucks and Toronto Maple Leafs.

Toronto drafted him in the second round, 34th overall, of the 2015 NHL draft.

Over seven NHL seasons, Dermott has 16 goals and 46 assists in 329 games while averaging 16:03 in ice time.

Before the NHL, Dermott played two seasons with Oilers captain Connor McDavid for the Ontario Hockey League’s Erie Otters. The team was coached by current Edmonton head coach Kris Knoblauch.

This report by The Canadian Press was first published Sept. 13, 2024.

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Former world No. 1 Sharapova wins fan vote for International Tennis Hall of Fame

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NEWPORT, R.I. (AP) — Maria Sharapova, a five-time Grand Slam singles champion, led the International Tennis Hall of Fame’s fan vote her first year on the ballot — an important part to possible selection to the hall’s next class.

The organization released the voting results on Friday. American doubles team Bob and Mike Bryan finished second with Canada’s Daniel Nestor third.

The Hall of Fame said tens of thousands of fans from 120 countries cast ballots. Fan voting is one of two steps in the hall’s selection process. The second is an official group of journalists, historians, and Hall of Famers from the sport who vote on the ballot for the hall’s class of 2025.

“I am incredibly grateful to the fans all around the world who supported me during the International Tennis Hall of Fame’s fan votes,” Sharapova said in a statement. “It is a tremendous honor to be considered for the Hall of Fame, and having the fans’ support makes it all the more special.”

Sharapova became the first Russian woman to reach No. 1 in the world. She won Wimbledon in 2004, the U.S. Open in 2006 and the Australian Open in 2008. She also won the French Open twice, in 2012 and 2014.

Sharapova was also part of Russia’s championship Fed Cup team in 2008 and won a silver medal at the London Olympics in 2012.

To make the hall, candidates must receive 75% or higher on combined results of the official voting group and additional percentage from the fan vote. Sharapova will have an additional three percentage points from winning the fan vote.

The Bryans, who won 16 Grand Slam doubles titles, will have two additional percentage points and Nestor, who won eight Grand Slam doubles titles, will get one extra percentage point.

The hall’s next class will be announced late next month.

___

AP tennis:

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Driver charged with killing NHL’s Johnny Gaudreau and his brother had .087 blood-alcohol level

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PHILADELPHIA (AP) — The driver charged with killing NHL hockey player Johnny Gaudreau and his brother Matthew as they bicycled on a rural road had a blood-alcohol level of .087, above the .08 legal limit in New Jersey, a prosecutor said Friday.

Gaudreau, 31, and brother Matthew, 29, were killed in Carneys Point, New Jersey, on Aug. 29, the evening before they were set to serve as groomsmen at their sister Katie’s wedding.

The driver, 43-year-old Sean M. Higgins of nearby Woodstown, New Jersey, is charged with two counts of death by auto, along with reckless driving, possession of an open container and consuming alcohol in a motor vehicle. At a virtual court hearing Friday, a judge ordered that he be held for trial after prosecutors described a history of alleged road rage and aggressive driving.

“’You were probably driving like a nut like I always tell you you do. And you don’t listen to me, instead you just yell at me,’” his wife told Higgins when he called her from jail after his arrest, according to First Assistant Prosecutor Jonathan Flynn of Salem County.

The defense described Higgins as a married father and law-abiding citizen before the crash.

“He’s an empathetic individual and he’s a loving father of two daughters,” said defense lawyer Matthew Portella. “He’s a good person and he made a horrible decision that night.”

Higgins told police he had five or six beers that day and admitted to consuming alcohol while driving, according to the criminal complaint. He also failed a field sobriety test, the complaint said. A prosecutor on Friday said he had been drinking at home after finishing a work call at about 3 p.m., and having an upsetting conversation with his mother about a family matter.

He then had a two-hour phone call with a friend while he drove around in his Jeep with an open container, Flynn said. He had been driving aggressively behind a sedan going just above the 50 mph speed limit, sometimes tailgating, the female driver told police.

When she and the vehicle ahead of her slowed down and veered left to go around the cyclists, Higgins sped up and veered right, striking the Gaudreas, the two other drivers told police.

“He indicated he didn’t even see them,” said Superior Court Judge Michael J. Silvanio, who said Higgins’ admitted “impatience” caused two deaths.

Higgins faces up to 20 years, a sentence that the judge said made him a flight risk.

Higgins has a master’s degree, works in finance for an addiction treatment company, and served in combat in Iraq, his lawyers said. However, his wife said he had been drinking regularly since working from home, Flynn said.

Johnny Gaudreau, known as “Johnny Hockey,” played 10 full seasons in the league and was set to enter his third with the Columbus Blue Jackets after signing a seven-year, $68 million deal in 2022. He played his first eight seasons with the Calgary Flames, a tenure that included becoming one of the sport’s top players and a fan favorite across North America.

Widows Meredith and Madeline Gaudreau described their husbands as attached at the hip throughout their lives. Both women are expecting, and both gave moving eulogies at the double funeral on Monday.

The Canadian Press. All rights reserved.

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