UK Threatens Abramovich Over Chelsea Funds
The UK government has warned it may take Roman Abramovich to court to seize proceeds from the £2.5 billion sale of Chelsea FC, frozen since the club was sold in 2022 following Russia’s invasion of Ukraine. Foreign Secretary David Lammy and Chancellor Rachel Reeves said they are "fully prepared" to go to court to ensure the money benefits humanitarian efforts in Ukraine. Talks with the sanctioned Russian billionaire have stalled, despite his earlier pledge to donate the funds to war victims, CE Report quotes Anadolu Agency
