Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, pursuant to the Answer of 16 March to Question 163724 on Ukraine: Humanitarian Aid, whether funds held by the independent foundation being established with the proceeds from the sale of Chelsea FC will be able to assist all those in humanitarian need as a result of the war in Ukraine including those not in Ukraine.
The proceeds from the sale of Chelsea FC are held in a frozen bank account; any use of the funds requires a licence from the Office of Financial Sanctions Implementation. The Government committed that the Treasury will only issue a licence which ensures that the proceeds are used exclusively for humanitarian purposes in Ukraine. The war has left an estimated 17.6 million people in need of humanitarian assistance and protection inside Ukraine, with 5.4 million internally displaced.