Chelsea Football Club: Sales

(asked on 27th April 2023) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, when charities in Ukraine are expected to receive the £2.3 billion from Roman Abramovich's sale of Chelsea.


Answered by
Leo Docherty Portrait
Leo Docherty
Minister of State (Ministry of Defence) (Minister for the Armed Forces)
This question was answered on 3rd May 2023

The proceeds from the sale of Chelsea FC are frozen in a UK bank account. They cannot be moved or used without a licence from the Office of Financial Sanctions Implementation. Humanitarian experts outside of Government are responsible for the highly complex process to establish a foundation to manage and distribute the proceeds for humanitarian purposes in Ukraine. Setting up an organisation of this scale rightly takes time.

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