Foreign news portals reported that the United Kingdom authorities did not renew the visa for Russian billionaire Roman Abramovich.
A source close to Mr Abramovich confirmed that his previous visa has expired and he is in the process of applying for a new one.
Perhaps anticipating trouble in Britain, Mr. Abramovich, according to Swiss news media reports in February, applied for residency in Switzerland but withdrew his application past year after a cool response from the federal authorities in Bern. John Mann, Abramovich's Moscow-based spokesman, told Press Association Sport it was a private matter and there would be no comment.
The British government would not be drawn on the circumstances surrounding Mr Abramovich's investor visa application, stressing: "We don't discuss individual cases".
Since the poisoning of a Russian former spy and his daughter in Salisbury in March, the British government has come under pressure to target "regime-linked money". Britain's Home Office could not be reached for comment. The visa is issued for a maximum of three years and four months and can be extended for another two years.
Abramovich bought Chelsea in 2003 and has helped bankroll the club during a period of unprecedented success, including five league titles. "As a result of these reforms, applications reduced by 84 per cent".
Abramovich is one of the wealthiest people in Britain - he's now worth an estimated $12.5 billion - and the owner of Chelsea Football Club.