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Russia

  • Chelsea in race to find new backer or risk administration as Abramovich sanctions bite

    March 10, 2022

    Chelsea face a race to find a new benefactor after Roman Abramovich was sanctioned by the UK government – or run the risk of administration. The sanctions prevent any new money going into the Premier League club, effectively forcing Abramovich to offload Chelsea or watch it run out of money. The club have consistently spent [...]

  • Evraz shares suspended after Abramovich sanctions

    March 10, 2022

    Shares in mining giant Evraz have dropped 11 per cent, after the government sanctioned major stakeholder Roman Abramovich.

  • Chelsea match given go-ahead by Premier League despite Abramovich sanctions

    March 10, 2022

    The Premier League has said Chelsea can face Norwich City as planned this evening despite the sanctioning of Roman Abramovich. Uncertainty surrounds the future of the club after Abramovich had his assets frozen by the UK government over his alleged links to Russia and its prime minister Vladimir Putin. “Following the UK Government’s announcement that [...]

  • UK defence minister: Russia guilty of war crimes and chemicals weapons use may mean ‘international response’

    March 10, 2022

    Defence minister James Heappey branded Russia’s attack on a maternity hospital in the Ukrainian city of Mariupol a “war crime”, while warning Moscow that use of chemical weapons may lead to an “international response.” The Tory cabinet minister for the Armed forces made the claims after Vladimir Putin’s army caused destruction in the besieged city [...]

  • Explained: What Roman Abramovich sanctions mean for Chelsea sale, matches and transfers

    March 10, 2022

    The future of Chelsea FC has been plunged into uncertainty after owner Roman Abramovich was sanctioned by the UK government today. Abramovich has had his assets frozen because of his links to Russia and its prime minister Vladimir Putin, and that has major ramifications for the Premier League club’s operations and his plan to sell [...]

  • Ukraine war backfires as Russia’s economy is expected to take dramatic 10 per cent hit this year

    March 10, 2022

    Analysts this morning revised their economic forecast for Russia in light of international sanctions imposed following the invasion of Ukraine. Experts at the Economic Intelligence Unit (EIU) said they expect economic activity to be severely disrupted with both domestic demand and the external sector taking a hit. “While the full impact of international sanctions and [...]

  • Russia confirms use of vacuum bombs and is expected to deploy private mercenaries in Ukraine

    March 10, 2022

    The Ministry of Defence (MoD) said this morning Russia has confirmed the use of thermobaric rockets – often called vacuum bombs – in Ukraine and is also “likely” deploying private mercenaries. The MoD said its Russian counterpart had confirmed the use of thermobaric rockets creating “incendiary and blast effects” in the invasion. A video posted [...]

  • Saudi Arabia’s PIF and Amanda Staveley should have waited to buy Chelsea instead

    March 10, 2022

    I can’t help thinking that Amanda Staveley and her consortium have bought the wrong football club. Had they waited just five months they could have had Chelsea FC rather than Newcastle United. A mooted £3bn price tag may be 10 times the price paid for the Magpies, but still well within the means of Saudi [...]

  • Russian forces intensify siege: Three hospitals hit as Ukraine war turns uglier two weeks in

    March 10, 2022

    Bombs reportedly fell on three hospitals across Ukraine overnight. An airstrike on a maternity hospital in the port city of Mariupol wounded women waiting to give birth and buried children in the rubble as Russian forces intensified their siege of Ukrainian cities. The World Health Organisation (WHO) said it has confirmed 18 attacks on medical [...]

  • Google searches for ‘WW3’ up 75-fold since Russian invasion of Ukraine

    March 10, 2022

    Google searches for ‘WW3’ have skyrocketed by 75-times the usual rate in wake of Russia’s invasion of Ukraine.  As tensions continue to mount between Moscow and Kyiv, UK internet users expressed their fears about it engulfing the rest of Europe, by asking the search engine giant if it might spell the start of a third [...]

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