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Report: Chelsea make £350,000 payment to League 1 side despite financial sanctions hanging over Abramovich

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Chelsea reportedly managed to send over a significant amount of cash to Plymouth Argyle in the midst of Roman Abramovich’s sanctions.

According to the Plymouth Herald, the Blues recently paid Plymouth the money owed following their FA Cup clash at Stamford Bridge last month.

This figure falls between £350,000 and £400,000, a 45% cut of the net gate receipts received on the day.

Chelsea v Plymouth Argyle: The Emirates FA Cup Fourth Round
Photo by Craig Mercer/MB Media/Getty Images

“As soon as I heard about the sanctions on Abramovich I checked with David Ray (head of finance) and we have had two cheques come in from Chelsea,” said Argyle’s chairman Simon Hallett.

“One for a young player out of the academy and one for the FA Cup game, and they have both cleared.

“The amount of money from the FA Cup was much less than people expect. It was between £350,000-£400,000.

“Stamford Bridge has a 40,000 capacity and people who say it was £30 a ticket divided by two forget that it costs money to stage a game.”

Chelsea’s spending cut short

Relinquishing any finances right now must be hurting Chelsea.

Since the UK government froze Abramovich’s assets, the club have not been able to produce any income that might fall into the Russian’s pocket.

The Blues were unable to provide any away tickets for Saturday’s FA Cup tie against Middlesbrough and have lost several of their big-name sponsors.

Without being able to fill up the bank account, the Londoners can only live on the reserves left behind by their departing owner.

However, credit must go the chain of command for fulfilling their duty and paying Plymouth.

Chelsea v Plymouth Argyle: The Emirates FA Cup Fourth Round
Photo by Craig Mercer/MB Media/Getty Images

They also reimbursed the League 1 side for the transfer of 14-year-old Harry McGlinchey, who joined Chelsea’s academy in February.

Chelsea probably won’t be able to exchange any more wonga until Abramovich’s successor is confirmed.

Final bids were submitted last Friday, with some extremely wealthy groups stepping forward.

Amongst the names are New York Jets owner Woody Johnson, property developer Nick Candy and the Todd Boehly-Hansjorg Wyss consortium.

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