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Football

UK gives Abramovich final warning to transfer £2.5bn to Ukraine fund

The UK government has issued a final warning to Roman Abramovich, demanding he transfer £2.5 billion from the sale of Chelsea FC to a fund for Ukrainian victims within 90 days or face legal action. This follows Abramovich's pledge to use the sale proceeds for humanitarian aid related to the Russian invasion of Ukraine, although there have been disputes over the allocation of the funds.

UK gives Abramovich final warning to transfer £2.5bn to Ukraine fund

Credit: Theguardian

Key Highlights

  • Roman Abramovich sold Chelsea FC in 2022 under government pressure after the Russian invasion of Ukraine.
  • UK officials have warned Abramovich to transfer £2.5 billion to a Ukraine fund within 90 days.
  • Abramovich's funds are currently frozen in a British bank account amidst disputes on their use.
  • Keir Starmer stated the funds should benefit victims of the war in Ukraine, while Abramovich seeks broader usage including Russian victims.
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Sources

  1. Abramovich must pay £2.5bn from Chelsea FC sale to Ukraine fund or face court, Starmer says
  2. UK gives Abramovich final warning to transfer £2.5bn to Ukraine fund

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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