UK has placed a freeze on the assets of Abramovich and six other Russian oligarchs

As part of new UK government sanctions targeting seven Russian oligarchs, Chelsea Football Club owner Roman Abramovich has had his assets frozen and his travel ban lifted.

Leading industrialist Oleg Deripaska, Rosneft CEO Igor Sechin, and Gazprom CEO Alexey Miller are among those sanctioned, the government revealed on Thursday.

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For weeks, there has been speculation about whether Abramovich might be included in the targeted move against Russian oligarchs seen as close to the Kremlin.

Abramovich revealed last week that he was selling Chelsea, the English Premier League club he purchased in 2003 and backed to domestic and European success.

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