Barclays have temporarily suspended Chelsea’s bank account, following Roman Abramovich being sanctioned by the UK government.
They explained that the reason behind the suspension is that the bank requires time to assess the licence Chelsea have been given to continue football-related activities.
Chelsea are hopeful the suspension will be lifted shortly.
The UK government on Thursday gave Chelsea a licence to continue with football-related activities after Abramovich had “his assets frozen, a prohibition on transactions with UK individuals and businesses, a travel ban and transport sanctions” imposed on him.
The sanctions are intended to stop the 55-year-old from making any money in the UK, but the government has granted Chelsea a special licence to allow fixtures to be fulfilled, staff to be paid and existing ticket holders to attend matches.
However, Chelsea cannot offer new contracts to players or staff, conduct any transfer business or sell new tickets to matches as things stand.