UK Threatens Lawsuit to Release £2.5 Billion Frozen Chelsea Sale Funds for Ukraine

The British government is prepared to take legal action against Russian businessman Roman Abramovich to release £2.5 billion from the sale of Chelsea Football Club, with the funds intended to assist victims of Russia's war in Ukraine. Sanctioned after Russia's 2022 invasion, Abramovich sold Chelsea under the condition that the proceeds be used for humanitarian purposes, but the funds have since been frozen due to disagreements over their allocation. The UK insists the money be spent exclusively in Ukraine, aligning with European efforts to hold Moscow financially responsible, while Abramovich advocates for aid to all victims of the conflict, including those outside Ukraine. Chancellor Rachel Reeves and Foreign Secretary David Lammy expressed frustration over the stalled negotiations, stating the government is ready to pursue court action if necessary to ensure the funds benefit those suffering in Ukraine. Abramovich, who did not profit from the sale and was granted a special license to sell without financial gain, maintains that the money should go to a foundation for all war victims, raising questions about government authority over the funds. Despite the ongoing dispute, the UK government continues to keep the door open for negotiations while emphasizing its commitment to directing the proceeds toward humanitarian aid in Ukraine.