Breaking news:Massive news: Roman Abramovich sanctioned. All UK assets frozen.

Massive news: Roman Abramovich sanctioned. All UK assets frozen. Chelsea can still operate under a special licence but sale now on hold. Club will not be allowed to sell any more tickets - only season ticket holders can go to games for the foreseeable future.

Also: no merchandise sales allowed; no player transfers or new contracts; catering services will be permitted.

Salaries can still be paid: Licence details:

Abramovich is one of seven high-profile oligarchs who have been sanctioned by the government The others include Oleg Deripaska, the owner of the EN+ Group, and Igor Sechin, the chairman of Rosneft

Sanctioning Chelsea Football Club effectively places it in limbo A special licence from the Treasury means that 'football-related activities' such as tonights game against Norwich can go ahead But Abramovich cannot sell the club

The Government would need to give special dispensation for the sale of Chelsea, and no money could go to Abramovich either directly or indirectly 'He [Abramovich] will not get a penny from the sale of the club' Likely to be a protracted process

Official sanction listing for Roman Abramovich: - Close personal relationship with Putin for decades involving preferential treatment - Financial benefits, including tax breaks for his companies, buying & selling shares at favourable rates and contracts in run up to World Cup

BREAKING: Licence for continued operation of Chelsea is VERY narrow Only EXISTING season ticket holders can attend fixtures Club can pay players and staff, pay for travel to and from games =, pay director fees & cover costs of security, catering and stewarding - but that's it