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Great Britain plans to transfer Abramovich’s money to help Ukraine

Great Britain plans to transfer Abramovich’s money to help Ukraine

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The British government plans to transfer 2.3 billion pounds sterling received by Russian billionaire Roman Abramovich from the sale of the London football club “Chelsea” to a fund to help victims of the war in Ukraine, reports The Telegraph with reference to sources in the government. According to the publication, the authorities are waiting for approval from the European Union, since Abramovich is under EU sanctions. The final solution to the issue may take several weeks.

The mass media notes that the idea of ​​creating a fund, to which it is planned to send money, belonged to Abramovich himself. It arose when the billionaire faced sanctions due to the war in Ukraine at the beginning of March last year.

  • The sale of Chelsea was announced at the beginning of last year and completed at the end of May. The club was sold for £4.25 billion to a consortium led by American investor Todd Bola. The proceeds from the sale were placed in a special bank account, where they were frozen.

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