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Wales Online
Wales Online
National
Ben Hatton (PA) & Steven Smith

Chelsea director sanctioned in biggest asset freeze in UK history

A director of Chelsea Football Club is one of two oligarchs the Foreign Office said it has sanctioned with an estimated £10 billion asset freeze, the largest in UK history. The Foreign Office said Eugene Tenenbaum, a director of the west London club, has been sanctioned with an asset freeze alongside David Davidovich.

Mr Davidovich has been described as "Abramovich's much lower profile right hand man". The Foreign Office said the frozen assets connected with the pair are estimated to total up to £10 billion, the largest asset freeze action in UK history.

It brings the total number of oligarchs, family members and associates sanctioned to 106 since the war in Ukraine started.

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