Breaking: Bad News for Chelsea As Shirt Sponsors Three Suspend £40M a Year Deal
- The Blues’ owner has seen his assets in the UK frozen, with commercial partners now mulling over their next moves
- This has led Mobile network Three to temporarily suspend their sponsorship with the English football club
- The club would not be able to use any money made from sponsorship deals while frozen as part of the sanctions
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Following the sanctions imposed on Blues owner Roman Abramovich, Telecommunications firm Three have confirmed that they are suspending their £40m-a-year shirt sponsorship deal with Chelsea.
Recall that Abramovich has had his assets frozen in the UK in the wake of Russia's ongoing invasion of Ukraine.
As a result of this, Three’s logo will now be removed from Chelsea shirts and from advertising boards around Stamford Bridge with immediate effect and until further notice, Evening Standard reports.
Three have been Chelsea's main shirt sponsor since the start of the 2020-21 season.
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Chelsea FC sale: It can't be the same after the Roman Abramovich era, Nollywood's Okon Lagos expresses sadness
Meanwhile, Legit.ng had reported that actor Ime Bishop Umoh aka Okon Lagos has taken to social media with a post expressing his deep sadness over the state of affairs of the popular football club, Chelsea FC. The actor’s post comes following an announcement that the football club will be put up for sale as a side effect of the Russian invasion of Ukraine.
According to the actor, things can never remain the same once the Roman Abramovich era is gone.
"Football has always been treated without involvement with politics and government. Why should these sanctions touch football? Football should never be made to suffer from the political decisions of any person(s). It can never be the same after the Roman Abramovich era."
Okon's post stirs reactions from fans, followers
"My point exactly. individuals have no business with government decisions. Imagine Nigerian government have issues and they ban Israel Adesanya , Anthony Joshua et all from. Fighting because they are Nigerians."
Chelsea owner, Roman Abramovic to lose Chelsea over Ukraine invasion by Russia as buyers line up
Legit.ng had earlier reported that Abromovic may lose his grip on the English club side. Chelsea Football Club as part of a major crackdown by the West led by the US government to put pressure on Putin to leave Ukraine.
Investor jostle for Chelsea
Investors are said to have begun to jostle for the Premiership side which has belonged to Abromovic since 2003.
As governments around the globe mount pressure on Putin to pull back from Ukraine, his allies and billionaires including Abramovic are prime targets of Western countries who see Putin’s aggression as a threat to world peace.