Roman Abramovich

Roman Abramovich is a Russian oligarch who was sanctioned by the UK and EU in 2022 following Russia's invasion of Ukraine, due to his alleged ties to Vladimir Putin. He is currently newsworthy because of a dispute with the UK government over the £2.5 billion proceeds from his sale of Chelsea FC. Abramovich initially pledged to donate the funds to a foundation for victims of the war in Ukraine. However, he has reportedly missed deadlines to transfer the money, leading the UK government to prepare for a potential court case to seize the funds. There are also reports that authorities in Jersey may be investigating whether the funds constitute proceeds of crime, further complicating the situation. The UK government is giving Abramovich a final chance to release the funds or face legal action, with political figures demanding he "pay up now" to support Ukraine.