Lord Ricketts
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Chelsea FC: Releasing Funds from Sale
Lord Ricketts Excerpts(1 day, 21 hours ago)
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Lord Pitt-Watson (Lab)
As I said, the Government have laid out a clear legal route for the transfer of the money and are fully prepared to go to court if necessary to enforce the commitment that was made when Chelsea was sold. But, as the noble Baroness would expect, it would be ill advised for the Government to publicly discuss any potential litigation strategy.
Lord Ricketts (CB)
My Lords, almost three years ago in a report on Ukraine, your Lordships’ European Affairs Committee concluded that we found it incomprehensible that the Government had not yet resolved this problem. That was three years ago. Now, with the winter coming on in Ukraine and signs of European willingness to fund Ukraine faltering, surely if there is a legal route we should now drive down it. Does the Minister agree?
Lord Pitt-Watson (Lab)
We fully agree with that position, but, as I have said, it would be ill advised for the Government to publicly discuss any potential future strategy.