Question to the Foreign, Commonwealth & Development Office:

To ask the Minister of State, Foreign, Commonwealth and Development Office, what recent progress the Financial Sanctions Implementation Office has made on the dispersal of the proceeds from the sale of Chelsea FC.

The proceeds from the sale of Chelsea FC are frozen in a UK bank account while independent experts establish a foundation to manage and distribute the money. They cannot be moved or used without a licence from the Office of Financial Sanctions Implementation. We want this money to reach Ukraine as quickly as possible and remain open to any arrangement that clearly delivers this.