Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps his Department has taken to ensure that the proceeds of the sale of Chelsea Football Club were not paid to Roman Abramovich; and what has happened with those funds.

Roman Abramovich remains subject to an asset freeze, meaning he will not benefit from the sale of Chelsea Football Club. The proceeds of the sale remain frozen in a UK bank account, awaiting the establishment of a Foundation to spend the proceeds on humanitarian purposes in Ukraine.