Abramovich had been attempting to unload the London side but The Times reports the UK government has sanctioned seven high-profile oligarchs, including Abramovich who is worth an estimated $17 billion.
“Chelsea have been given a special licence to continue with football related activities but the sale effectively bars the sale of the club,” reporter Steven Swinford tweeted.
Under the restrictions, Chelsea cannot sell tickets to games - with only season ticket holders allowed to attend - nor merchandise.
