Hyundai ‘seriously’ considering suspension of 5 Trillion Naira partnership deal with Chelsea
Chelsea Sleeve sponsor – Hyundai, have confirmed that its currently reviewing it’s partnership deal with The Blues following Roman Abramovich’s UK Sanction on Thursday
South Korean automobile company Hyundai, are the latest sponsor to consider their partnership with Chelsea following news that Roman Abramovich has been sanctioned by the UK government on Thursday, March 10.
As per Sami Mokbel, Hyundai are the latest sponsor to consider their partnership with Chelsea.
A statement from Hyundai on Thursday evening read: “Hyundai has become one of the strongest partners in football over the years and the company supports the sport to be a force for good. We are currently assessing the situation with Chelsea.”
Russian Billionaire Abramovich had confirmed the London Club is for sale on March 2, but any plans of a sell-off has now been cast in doubt following the UK government’s announcement that the former had been ‘heavily’ sanctioned with his assets in the country ‘frozen’.
Chelsea had announced Hyundai as the club’s new sleeve sponsor in 2018 but the future of the deal now remains in serious doubt with the auto company currently weighing their options.
However, the London club have been given a special licence to continue with football related activities but the sale effectively bans the sale of the club following Abramovich’s sanctioning.
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