UK prepares to sue Abramovich over £2.4bn proceeds of Chelsea FC sale

The Guardian - World NewsEN 2 min read 100% complete by Kiran Stacey Policy editorMarch 17, 2026 at 08:59 PM
UK prepares to sue Abramovich over £2.4bn proceeds of Chelsea FC sale

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medium article 2 min

The UK government is preparing for a potential court case against Roman Abramovich after he missed the March 17th deadline to release £2.4 billion from the sale of Chelsea FC. The funds, intended for humanitarian aid in Ukraine, are currently held in a UK bank account controlled by Abramovich's company. The dispute centers on whether the money should be exclusively used in Ukraine. Government officials have warned Abramovich's lawyers and pledged increased support for an independent foundation meant to distribute the funds. Aid charities have welcomed the government's action but warn that delays are negatively impacting Ukraine.

Keywords

roman abramovich 100% chelsea fc sale 90% ukraine 80% humanitarian aid 70% court case 70% sanctions 60% uk government 50% proceeds of crime 50% victims of war 40%

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