Roman Abramovich

Roman Abramovich is a Russian oligarch and former owner of Chelsea Football Club. He is currently newsworthy due to the UK government's ultimatum regarding the £2.5 billion generated from the sale of Chelsea FC in 2022. Abramovich pledged these funds to benefit victims of the war in Ukraine. However, the UK government is now giving him a final 90-day warning to release the funds to a new foundation for humanitarian causes in Ukraine. Failure to comply could result in court action. This situation highlights the ongoing efforts to utilize assets linked to sanctioned Russian individuals to aid Ukraine, and the challenges in ensuring these pledges are fulfilled. The UK's stance underscores the pressure on Abramovich to follow through on his commitment and the potential legal consequences of non-compliance.