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Evening Standard

Politics

David Hughes

Government threatens legal action over Abramovich’s frozen Chelsea billions

Chelsea Roman Abramovich David Lammy Rachel Reeves Ukraine Vladimir Putin United Kingdom

The Stamford Bridge club was sold in May 2022 after Roman Abramovich was among the high-profile Russian oligarchs sanctioned following Vladimir Putin’s invasion of Ukraine (PA) - (PA Archive)

The Government has threatened legal action against former Chelsea owner Roman Abramovich to release £2.5 billion of funds from the sale of the London football club to help victims of the Ukraine war.

Chancellor Rachel Reeves and Foreign Secretary David Lammy said they were “frustrated” by the failure to reach agreement with Mr Abramovich on the frozen proceeds of the sale.

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