Russian businessman Roman Abramovich postponed for an indefinite period the reconstruction of the stadium for his football club in London Chelsea because of problems in extending the British visa.

According to the Air Force, the cost of the new stadium project for 60 thousand. people have already risen to a billion pounds sterling because of constant delays in work caused by discontent people living nearby.

Abramovich's decision should not affect the work of the club itself, the newspaper notes..

Chelsea explained that the decision to postpone the reconstruction of the Stamford Bridge stadium was made because of the unfavorable investment climate. "Preparation for reconstruction and design work will be stopped. The club does not have information about when this decision can be revised, "- said in a statement Chelsea.

The previous visa of the investor Abramovich, which operated for 40 months, ended three weeks ago.

As a result, he was forced to apply for a new visa, but the UK government is not in a hurry to issue it until he studies the sources of his income.

Earlier, British Foreign Minister Boris Johnson hinted at the need for London to impose more stringent sanctions against wealthy Russians associated with Russian President Vladimir Putin.

Recall, in May 2018 in the British Parliament called on the government to tighten sanctions against oligarchs and officials from Putin's entourage.