BREAKING: Roman Abramovich cannot sell Chelsea

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"Given the significant impact that today's sanctions would have on Chelsea football club and the potential knock-on effects of this, the Government has this morning published a licence which authorises a number of football-related activities to continue at Chelsea," a statement released by gov.uk read.

"This includes permissions for the club to continue playing matches and other football related activity which will in turn protect the Premier League, the wider football pyramid, loyal fans and other clubs.

"This licence will only allow certain explicitly named actions to ensure the designated individual is not able to circumvent UK sanctions. The licence will be kept under constant review and we will work closely with the football authorities."

A statement from Chelsea read as follows: "Chelsea Football Club has been advised that its owner Roman Abramovich has been sanctioned by the UK Government.

"By virtue of his 100% ownership of Chelsea FC plc and affiliated entities, Chelsea FC would normally be subject to the same sanctions regime as Mr Abramovich. However, the UK Government has issued a general licence that permits Chelsea FC to continue certain activities.

"We will fulfil our men’s and women’s team fixtures today against Norwich and West Ham, respectively, and intend to engage in discussions with the UK Government regarding the scope of the licence. This will include seeking permission for the licence to be amended in order to allow the Club to operate as normal as possible. We will also be seeking guidance from the UK Government on the impact of these measures on the Chelsea Foundation and its important work in our communities.

"The Club will update further when it is appropriate to do so."

4. Arsenal – Stan Kroenke (£6.35 billion)
4. Arsenal – Stan Kroenke (£6.35 billion)
8. Manchester United – The Glazers (£3.5 billion)
8. Manchester United – The Glazers (£3.5 billion)
7. Tottenham Hotspur – Joe Lewis, pictured here wi
7. Tottenham Hotspur – Joe Lewis, pictured here with chairman Daniel Levy (£3.6 billion)
6. Wolverhampton Wanderers – Guo Guangchang (£4.5
6. Wolverhampton Wanderers – Guo Guangchang (£4.5 billion)
2. Manchester City – Sheikh Mansour (£22.9 billion
2. Manchester City – Sheikh Mansour (£22.9 billion)
9. Crystal Palace – Joshua Harris (£3.36 billion)
9. Crystal Palace – Joshua Harris (£3.36 billion)
10. Leicester City – Aiyawatt Srivaddhanaprabha (£
10. Leicester City – Aiyawatt Srivaddhanaprabha (£2.9 billion)
3. Chelsea – Roman Abramovich (£9.6 billion)
3. Chelsea – Roman Abramovich (£9.6 billion)
5. Aston Villa – Nassef Sawiris (£5.3 billion)
5. Aston Villa – Nassef Sawiris (£5.3 billion)
1. Newcastle United – Saudi Public Investment Fund
1. Newcastle United – Saudi Public Investment Fund (£320 billion)