Roman Abramovich employees, including Chelsea director, have been placed on the UK sanctions list

Chelsea director Eugene Tenenbaum is described on the club’s website as a “close collaborator” of Abramovich and has been hit by the UK government’s latest wave of sanctions

Chelsea director Eugene Tenenbaum stands next to owner Roman Abramovich
Chelsea director Eugene Tenenbaum – who stands alongside owner Roman Abramovich – has been sanctioned by the Foreign Office

The British Foreign Office has announced an asset freeze Chelsea Director Eugene Tenenbaum, described on the club’s website as a “close collaborator” with Roman Abramovich.

The UK government also confirmed that David Davidovich was hit by both an asset freeze and a travel ban. Davidovich has been described as “the much lower profile right-hand man” of blues owner Abramovich. foreign minister Liz Truss has said: “We are pulling the ratchet on Putin’s war machine and targeting those closest to the Kremlin. We will continue with sanctions until Putin fails in Ukraine. Nothing and nobody is off the table.”

The new developments tie in with Abramovich sanctioned by the British government Last month. The west London club is desperate for a new owner amid a budget crisis with funds dictated by the UK government. UK sanctions were Then the EU followedwhich means that Abramovich’s assets located on the territory of the EU could be confiscated and frozen.

Blues director Tenenbaum was formerly head of corporate finance at Sibneft, the oil company sold by Abramovich in 2006, and was a board member at Evraz plc. As sanctions were imposed on the Chelsea owner, Evraz, the steel company in which Abramovich is the largest shareholder, could contribute to the war on Ukraine and supply steel for Russian tanks, a claim Evraz has vehemently denied. Chelsea’s official website describes the Ukrainian-born Tenenbaum as one of Abramovich’s “closest associates”, having joined Chelsea’s board shortly after the acquisition in 2003.

The EU has planned additional restrictions on steel imports, with Abramovich being the largest shareholder in steel mining company Evraz Plc. Evraz has released a statement claiming that the company does not consider Abramovich – who holds a 28.6% stake in the company – to be “a person exercising actual control over the company,” saying that the sanctions imposed by the UK and Canada do not apply to the company itself.

Chelsea’s Russian owner Roman Abramovich (R) stands with Eugene Tenenbaum as they arrive to watch the English Premier League soccer match between Chelsea and Manchester United at Stamford Bridge in London January 19, 2014. AFP PHOTO / ADRIAN DENNIS Eugene Tenenbaum (centre) standing next to Abramovich (right) during a Chelsea match at Stamford Bridge


ADRIAN DENNIS/AFP via Getty Images)

Separately, Reuters have claimed that Abramovich, previously listed as the “beneficial owner” of Cyprus-based Ervington Investment Limited, handed over complete control of the company to Tenenbaum on February 24, the day Russia began the invasion of their neighboring country. Tenenbaum told Reuters that his company bought Ervington from a trust where Abramovich and his children were previously the beneficiaries. He also claimed that the transaction was in line with laws and regulations.

“Ervington is a company I’ve worked with for many years,” he said. “I am well acquainted with the company’s investments and people, and the acquisition of Ervington gives me the opportunity to continue working with this company under my control and for the benefit of myself and the people.”

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