UK Government presses Abramovich to release £2.5 billion for Ukraine
The UK Government is intensifying pressure on Roman Abramovich to fulfill his commitment to allocate £2.5 billion from the sale of Chelsea F.C. to humanitarian efforts in Ukraine.
Despite his initial agreement, the funds remain frozen in a British bank account, prompting warnings of legal action if he does not comply within 90 days. This situation arises amid broader discussions in Europe regarding the use of Russian assets to aid Ukraine financially.
With a potential court case looming, the UK seeks to ensure that Abramovich honors his pledge to support Ukrainian victims of the ongoing conflict. The urgency of this matter highlights the intersection of sports, finance, and humanitarian needs in a time of crisis.
The press radar on this topic:
UK warns Abramovich to give Chelsea sale cash to Ukraine or face court
Starmer demands oligarch Abramovich to allocate money from Chelsea F.C. sale to Ukraine
Welcome!

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand