Chelsea Football Club is currently in a state of uncertainty primarily due to the sanctions against its owner Roman Abramovich by the UK government. Abramovich put Chelsea up for sale amid the Russia-Ukraine conflict and promised not to reclaim his £1.5 billion loan to the club, with sale proceeds intended for charity. However, the UK government demands assurance that Abramovich will receive none of the sale proceeds, complicating the sale process. The club operates under a special government license that is set to expire soon, and if the sale is not completed or the license extended, Chelsea could face going out of business. Despite these issues, it is highly unlikely the government will shut down the club outright. Any prolonged delay or refusal to sell by Abramovich could jeopardize the club's financial future, but Abramovich reportedly does not want Chelsea to go out of business and thus may cooperate to sell the club. New ownership is expected to stabilize Chelsea, with incoming bids featuring roles for key executives close to Abramovich, although the government has concerns about their continued influence. The club's immediate future depends on resolving the sale and licensing issues to participate in the upcoming football season.