Abramovich wants some of the money from the Chelsea sale to go to Russia

2023-06-18 12:49 Daily Mail journalists have given another reason for the delayed transfer of money from the £2.3 ... Abramovich wants some of the money from the Chelsea sale to go to Russia
18.06.2023, 12:49

Daily Mail journalists have given another reason for the delayed transfer of money from the £2.3 billion sale of Chelsea to a special fund to manage and distribute revenue for humanitarian purposes in Ukraine as a result of the Russian invasion.

Roman Abramovic

According to the source, the release documents are due to be signed by Roman Abramovich, who sold the club last year. However, he is reluctant to do so because he believes that the assets should not only be allocated to Ukraine but also part of Russia.

It is noted, however, that neither the British government nor the European Commission will agree to such a move as long as sanctions against Russia are in place.

The process may now be delayed until at least September. The Fund management hopes that the money will be received at least before "the severe winter conditions come again closer to the end of the year". But there are no guarantees.

The £2.3 billion remains in a frozen bank account in the UK.

It was also reported earlier that the licensing of the Fund for the Management and Distribution of Revenue for Humanitarian Purposes in Ukraine was being delayed due to bureaucratic problems.

Premier League
Team M Pts
1 Arsenal 27 58
2 Manchester City 26 53
3 Aston Villa 26 50
4 Manchester United 26 45
5 Chelsea 26 44
6 Liverpool 26 42
7 Brentford 26 40
8 Everton 26 37
9 Bournemouth 26 37
10 Newcastle 26 36
11 Sunderland 26 36
12 Fulham 26 34
13 Crystal Palace 26 32
14 Brighton 26 31
15 Leeds 26 30
16 Tottenham 26 29
17 Nottingham Forest 26 27
18 West Ham 26 24
19 Burnley 26 18
20 Wolves 27 10
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