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The Independent UK
The Independent UK
David Maddox

Abramovich lawyers insist £2.5bn from Chelsea sale is still his and blame government for delays over funds

Lawyers representing Roman Abramovich have insisted that the £2.5bn proceeds from the sale of Chelsea football club belong entirely to him, and have warned that he will fight any attempt to confiscate the funds.

In a growing row between the oligarch and the government, Mr Abramovich’s legal team has also insisted ministers are responsible for the delay in releasing the funds for victims of the Ukraine war, claiming in a letter that this was always his intention and something he will do voluntarily when the assets are no longer tied up in a legal case.

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