US EditionAbramovich's lawyers say he will fight any UK attempt to seize Chelsea sale money
Abramovich's legal team claims £2.5 billion from Chelsea sale remains his property and challenges UK demands to restrict use solely for Ukrainian aid, after three years frozen.
- On Monday, Roman Abramovich's lawyers warned they would fight any attempt to seize the 2.5 billion pounds from the sale of Chelsea, saying the funds are wholly owned by their client.
- Nearly four years after the rushed 2022 sale, Abramovich's proposal to donate proceeds remains frozen in a British bank account due to sanctions after Russia's full-scale invasion.
- Britain wants the money spent only in Ukraine as part of a wider European push, while Abramovich seeks more flexibility and his lawyers blamed government restrictions and 'politically charged and highly publicised statements'.
27 Articles
27 Articles
The British publication The Times revealed, month, that the Russian oligarhu Roman Abramovic asked lawyers to send a letter to the government from London concerning the 2.5 billion pounds of sterline (2.9 billion euros) from the sale of Chelsea Club in March 2022, which remains frozen. This amount was frozen as a result of the...
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Sanctioned Russian billionaire Roman Abramovich wants part of the billions generated from the sale of Chelsea Football Club to be used to support all victims of the war in Ukraine. This includes wounded Russian soldiers, The New York Times (NYT) reported on March 9. At the center of the ongoing standoff is £2.35 billion ($3.14 billion) from the 2022 sale of the London club. The massive sum remains locked in a UK bank account held by Fordstam Ltd…
Abramovich challenged London: The money from the sale of Chelsea will go to the Russian military
Roman Abramovich intends to independently dispose of the money from the sale of Chelsea, including sending part of the funds to support wounded Russian servicemen. This is reported by The Athletic, the sports edition of The New York Times…
Abramovich's lawyers say he will fight any UK attempt to seize Chelsea sale money
Lawyers for Russian businessman Roman Abramovich warned the British government on Monday that he would fight any attempt to seize the 2.5 billion pounds ($3.34 billion) from the sale of Chelsea soccer club, saying the money belongs to him.
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