The UK government plans to take Roman Abramovich to court over money from Chelsea's sale. Officials want the 2.5 billion pounds to help Ukraine during wartime. Abramovich sold Chelsea after Russia invaded Ukraine and faces sanctions from Britain. The cash sits frozen since the 2022 sale happened.
Chancellor Rachel Reeves and Foreign Secretary David Lammy said they will sue if needed. They want Ukrainian people to receive the money quickly for humanitarian aid. Abramovich argues the funds should help all war victims everywhere. His lawyers disagree with the government about who deserves the money.
The Russian billionaire made his fortune through oil and gas businesses. Britain let him sell Chelsea under special rules after the invasion started. He promised not to profit from the deal personally. Officials claim he has close ties to Vladimir Putin but he denies this connection.
Abramovich wanted to create a foundation for all war victims when he announced the sale. The UK government pushed back and demanded the money only help people inside Ukraine. A House of Lords report called the delay incomprehensible and criticized both sides for failing to reach agreement.
Chancellor Rachel Reeves and Foreign Secretary David Lammy said they will sue if needed. They want Ukrainian people to receive the money quickly for humanitarian aid. Abramovich argues the funds should help all war victims everywhere. His lawyers disagree with the government about who deserves the money.
The Russian billionaire made his fortune through oil and gas businesses. Britain let him sell Chelsea under special rules after the invasion started. He promised not to profit from the deal personally. Officials claim he has close ties to Vladimir Putin but he denies this connection.
Abramovich wanted to create a foundation for all war victims when he announced the sale. The UK government pushed back and demanded the money only help people inside Ukraine. A House of Lords report called the delay incomprehensible and criticized both sides for failing to reach agreement.
