Football

Chelsea Sponsor Three Suspends Arrangement With Club

Chelsea Sponsor Three Suspends Arrangement With Club
Football

Chelsea Sponsor Three Suspends Arrangement With Club

Chelsea Sponsor Three Suspends Arrangement With Club

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Chelsea shirt sponsor Three have suspended their deal with the club amid ongoing Russian sanctions that have affected the club's billionaire Oligarch owner Roman Abramovich.

The blues first welcomed Mr. Abramovich to the club as their new owner in 2003 and multiple Premier League and Champions League titles have been won under his watch.

However, the owner's tenure now appears to be coming to an end, though, with the Russian billionaire seeing his assets frozen due to his country's ongoing military conflict with Ukraine.

Abramovich put Chelsea up for sale following the beginning of Russia's invasion of Ukraine, but he can no longer accept any bids after being sanctioned by the UK government.

The Blues' main shirt sponsor Three subsequently announced that their relationship with the club was under "review".

The British telecommunications and internet service provider, whose partnership with Chelsea generates �40 million per annum, have followed up by announcing the complete removal of their brand from the team jersey and around Stamford Bridge.

�We have requested Chelsea football club temporarily suspend our sponsorship of the club, including the removal of our brand from shirts and around the stadium until further notice," a statement from the company reads.

�We recognise that this decision will impact the many Chelsea fans who follow their team passionately. However, we feel that given the circumstances, and the Government sanction that is in place, it is the right thing to do."

According to insiders close to the matter, Three were on the verge of extending their deal with Chelsea by another two years, which was a clause in their original contract.

The company were very happy with the arrangement prior to the Abramovich news, which is now threatening to bring a permanent end to their relationship with the club.

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