More miseries has been piled on Chelsea Football Club as Barclays Bank and Hyundai are the latest. Barclay Bank has temporarily suspended the Account of Chelsea FC , to allowed the bank to assess the current operational license of the club, and to enable both party to avoid any inconveniences.
Confirmed by Sky Sports News, the reason for the suspension has been the bank needs time to assess the license given to Chelsea to carry on with football-related activities.
Not only their bank account but also the company’s credit cards have also been temporarily suspended.
On Friday, a statement from the club said that it is hopeful the suspension will be lifted shortly.
On Thursday, March 10, the UK government granted the Chelsea club a license to resume football-related activities following Roman Abramovich having “his assets frozen, a prohibition on transactions with UK individuals and businesses, a travel ban and transport sanctions” charged on him.
The current license given to the club by the UK government permits Chelsea FC to accomplish fixtures, pay staffs and also allow existing ticket holders to attend matches, but the move was mainly intended to stop the 55-year-old Chelsea owner, from making any money in the UK.
Meanwhile according to Daily mail UK, a source from the club inner circle, are grips in fear despite the UK Government refining the bans initially imposed on the club owner Roman Abramovich and the club.
As the club payday for players and stuff falls on April 1st, with the club wage approximately £28 million. While there are reserved to fulfil the huge monthly bills next month, the fear is the club has lost massively financially, and worried the club will end up in administration and incur a nine-point penalty if further changes are not been considered by the Government.
Hyundai is the latest Chelsea sponsor to pull out of all marketing activities with the club and asked the club to remove their logo from the sleeves of the jerseys as soon as possible.
While the premier League on Saturday disqualified Roman Abramovich as the director of the club, and added more miseries to an already engulfed football club.
Still, the Chelsea club cannot conduct any transfer business, give new contract to the players or staff, or sell new matches tickets following the punishments.
