US EditionUK Government to Take ‘Further Steps’ Against Abramovich for Failing to Hand over Money From Chelsea
The UK government plans legal action after Roman Abramovich missed the March 17 deadline to transfer £2.5 billion from Chelsea sale for Ukraine war aid.
- On Tuesday, the British government announced it will take 'further steps' to ensure Roman Abramovich releases £2.5 billion pledged from the 2022 sale of Chelsea.
- Abramovich was sanctioned by the Boris Johnson government following Russia's 2022 invasion of Ukraine, forcing him to sell his stake in Chelsea to a consortium led by Todd Boehly and Clearlake Capital.
- Sir Keir Starmer announced in mid-December that the Treasury would issue a licence for the funds to aid Ukraine, warning the Russian businessman he had 90 days to comply before facing legal action.
- Having missed the March 17 deadline, Abramovich now faces a potential court case after government officials confirmed they have written to his lawyers to warn them of the impending legal proceedings.
- A government spokesperson stated, 'We gave Roman Abramovich his last chance to do the right thing,' noting that the funds were earmarked for victims of the war in Ukraine.
20 Articles
20 Articles
Associated Press News
UK government to take 'further steps' against Abramovich for failing to hand over money from Chelsea
The British government says it will take “further steps” to ensure Roman Abramovich releases the 2.5 billion pounds he pledged to donate from the sale of Premier League soccer giant Chelsea in 2022.
Sky News UK
Government prepares to sue Roman Abramovich after he missed deadline to release £2.5bn from Chelsea sale
The businessman was sanctioned by Boris Johnson's Tory government due to his alleged links to Vladimir Putin after Russia invaded Ukraine in 2022.
Roman Abramovich Under Fire As UK Prepares Lawsuit Over........
The UK government is preparing legal action against Roman Abramovich after he failed to release £2.35 billion from the sale of Chelsea, originally intended for victims of the Ukraine war. Abramovich had been given a final deadline of March 17 to approve the transfer of funds to a humanitarian foundation. However, officials confirmed the money remains frozen, prompting fresh steps toward court action. Read Also: Former Man City Player Faces Caree…
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