Lammy vows to unfreeze billions for Ukraine from Russian oligarch's Chelsea FC sale

UK raises threat of law enforcement over Abramovich's $3.2 billion Chelsea sale

LONDON (Reuters) - Britain has indicated that a prosecution or other legal action could be brought over the frozen 2.5 billion pounds ($3.2 billion) from Russian businessman Roman Abramovich's sale of Chelsea soccer club that he had wanted to go to Ukraine war victims. Read full story

Russian oligarch's superyacht could be auctioned in US

A luxurious superyacht that belonged to Russian billionaire Suleiman Kerimov may be headed to the auction block after a US judge on Monday dismissed a competing claim to ownership of the $300 million vessel.The 348-foot (106-metre) Amadea has been docked in the California port of San Diego after it was seized by US authorities from the sanctioned Russian oligarch.Another wealthy Russian, Eduard Khudainatov, the former head of Russian state oil a…

UK reveals where its going to spend £2,300,000,000 from sale of Chelsea FC

Russian billionaire Roman Abramovich had owned the club since 2003 More than £2.3 billion from Roman Abramovich’s sale of Chelsea Football Club may finally be used for humanitarian aid to Ukraine. Foreign secretary David Lammy vowed to take ‘action’ against the Russian oligarch that could include launching a legal case. This would be the government’s latest attempt to unfreeze proceeds from the deal that closed more than two years ago as sanctio…

Lammy vows to unfreeze billions for Ukraine from Russian oligarch's Chelsea FC sale

U.K. Foreign Minister David Lammy vowed on March 9 to unfreeze billions of dollars of revenue earned from Russian oligarch Roman Abramovich's sale of the Chelsea Football Club (FC) and send the funds to Ukraine.Abramovich was forced to sell Chelsea FC once sanctions were enacted against him following Russia's full-scale invasion of Ukraine in February 2022. Abramovich and U.K. officials previously promised the funds from the sale would go to Ukr…

The British government is preparing to sue Russian billionaire Roman Abramovich in an attempt to unlock more than £2 billion from the sale of Chelsea football club to help Ukraine, The Guardian reports. A British official said there was a fundamental conflict between the government and Abramovich over how the funds should be used. Although no final decision has been made, the British authorities want to take control of the money to continue fund…

10-03-2025 ✅ General news. The mechanisms remain to be worked out: The UK government wants to unfreeze 2.3 billion pounds sterling that Russian oligarch Roman Abramovich received from the sale of... ᐉ football news ⚽ on UA-Football