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The Guardian - UK
The Guardian - UK
Sport
Paul MacInnes

Roman Abramovich representatives believe UK government changed terms over frozen £2.5bn

Roman Abramovich, pictured in 2022
Roman Abramovich, pictured in 2022, is under UK government sanctions. Photograph: Ozan Köse/AFP/Getty Images

Roman Abramovich’s representatives believe the UK government changed the terms of the deal under which funds from the sale of Chelsea were to be used to help victims of the war in Ukraine.

Almost 17 months after Chelsea’s £2.5bn sale, a stalemate over where the funds should be spent means a proposed charitable foundation is yet to be established and proceeds remain frozen in a UK bank account belonging to Abramovich’s company Fordstam.

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