Roman Abramovich has been disqualified as a director of Chelsea Football Club, the Premier League has announced
"Following extensive engagement with the Club on the details of their structures since the sanction was announced, we have made some further operational amendments to the licence to do so."
Mr Abramovich put Chelsea up for sale on 2 March, pledging to write off the Blues' £1.5bn debt and to divert all proceeds to a new foundation to benefit victims of the war in Ukraine.And bidders have beento bid for last season's Champions League winners after the government's sanctions threw an already-complex firesale into disarray.
Sky News has learned that parties which have joined the process being run by Raine, the New York-based merchant bank, were informed on Friday evening that they would now have until 18 March to submit indicative offers - three days after the original deadline.
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