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 35 76
2 Manchester City 34 71
3 Manchester United 35 64
4 Liverpool 35 58
5 Aston Villa 35 58
6 Bournemouth 35 52
7 Brentford 35 51
8 Brighton 35 50
9 Fulham 35 48
10 Chelsea 35 48
11 Everton 35 48
12 Sunderland 35 47
13 Newcastle 35 45
14 Crystal Palace 34 43
15 Leeds 35 43
16 Nottingham Forest 35 42
17 Tottenham 35 37
18 West Ham 35 36
19 Burnley 35 20
20 Wolves 35 18
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