A disagreement has surfaced between the UK Government and former Chelsea F.C. owner Roman Abramovich over how the proceeds from the club’s £2.35 billion sale should be distributed.
According to Chelsea’s internal accounting records, Abramovich is only obliged to donate £987 million — the net profit from the sale — to charitable causes. The remaining funds, his legal team argues, still belong to the Russian billionaire and therefore cannot be forcibly redirected.
The UK government, however, maintains that the entire £2.35 billion generated from the sale should be transferred into a humanitarian foundation dedicated exclusively to victims of the war in Ukraine. Officials have warned that legal action could be pursued if Abramovich fails to comply with this expectation.
Abramovich’s lawyers counter that the funds are legally his and that charitable donations cannot be made compulsory under existing legal frameworks. They further argue that while £987 million has been earmarked for charity, any foundation established should support all victims of war — including Russians — rather than being limited solely to Ukrainians.
The dispute highlights ongoing tensions surrounding the aftermath of Abramovich’s forced sale of Chelsea following sanctions imposed after the outbreak of the Russian invasion of Ukraine. With both sides holding firm positions, the matter could ultimately be decided in court if negotiations fail to produce a compromise.
wenbimnpt
0
the best way is to divide the money to all victims because Roman being a Russi@n cannot be heard donating money to Ukr@ine who could end up using it to buy w@r equipments to fîght Russi@..or better still, let it go to other charities around the world that are not at w@r..if not in the next 20yrs this case is not over
dahbcdklsy
4
it's definitely a shame on the part of the British government, they should allow Roman abramovish to decide on how best he wants the money to be used.
Mitchello2
3
Since when did charitable donations become a must?
Moyemnsty
3
Reverse the whole thing and give Ramon his team back. If Chelsea was under Ramon up to now the team could have made huge forward strides as compared to the downward sliding items it's going through under these useless, clueless new owners.
Yuwabilnr
5
ABRAMOVICH SHOULD DRAG THIS CASE TO THE WORLD COURT BCOS I CAN'T UNDERSTAND WHY YOU WANT TO DIRECT SOMEONE HOW TO SPEND HIS FUNDS.
Suarezzy
3
UK is a thief ,how is this even legal, Western world is the real problem of this earth , how can you tell someone what to do with his own money , this is pure bully
Peeimnopz
3
thieve's