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Russian Billionaire Roman Abramovich has been given one last chance to return the 2.5 billion pounds ($3.25 billion) he promised to sell to victims of Russia’s war in Ukraine. Premier League Club Chelsea, The British The government said on Wednesday.
Abramovich forced to sell club after UK sanction over links to Russian president Vladimir PutinFollowing Moscow’s full-scale invasion of Ukraine. Before the sale in 2022, Abramovich had said he would set up a charity for war victims, but he did not follow through.
“The clock is ticking to honor the commitment made by Roman Abramovich when he sold Chelsea FC,” the Prime Minister said. keir starmer Said. “This government stands ready to enforce this through the courts, so that every penny reaches those whose lives have been ruined by Putin’s illegal war.”
Abramovich could not immediately be reached for comment.
The funds have been frozen, but still belong to Abramovich, and negotiations have failed to reach an agreement on his release.
Abramovich, who bought Chelsea in 2003, sold the club to a consortium of Americans Todd Boehly and Clearlake Capital. During Abramovich’s time as owner Chelsea won the Champions League twice and the Premier League five times – among other titles.