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The British government has threatened legal action against Roman Abramovich to ensure that the £2.5 billion from his 2022 sale of Chelsea Football Club goes to victims of Russia’s war in Ukraine.
In a joint statement on Tuesday, Chancellor Rachel Reeves and Foreign Secretary David Lammy said the UK remains committed to seeing the frozen funds used for humanitarian aid in Ukraine. Talks with Abramovich have so far failed to reach a deal.
“While the door for negotiations will remain open, we are fully prepared to pursue this through the courts if required,” the ministers said.
Abramovich sold the club to a group led by U.S. investor Todd Boehly after the UK sanctioned him in 2022 over his ties to the Kremlin. The deal was approved on the condition he would not personally profit.
Though the money is frozen and cannot be moved without a UK licence, it still legally belongs to Abramovich. He argues the funds should support all war victims—including those in Russia—while London insists the money must go exclusively to help Ukrainians.
The UK has been one of Ukraine’s strongest allies since the start of Russia’s full-scale invasion in February 2022.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 22nd of July, covering the latest developments you need to know.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 23rd of July, covering the latest developments you need to know.
The United States has bombed Iran for an 11th consecutive night as the Pentagon says the war’s cost reach $37.5 billion. President Donald Trump threatens a heavy strike on the suspected Pickaxe Mountain nuclear site. Tehran warns that any attack could trigger a wider regional escalation.
U.S. strikes on Iran entered a 12th consecutive night, while Yemen's Houthis said they attacked two Saudi oil tankers in the Red Sea, urging President Donald Trump to warn Tehran it would be held responsible for any future Houthi attacks.
Azerbaijani President Ilham Aliyev and German President Frank-Walter Steinmeier have discussed regional developments, transport connectivity, energy cooperation and the Azerbaijan-Armenia peace process during talks in Berlin.
Channel Tunnel operator Getlink has warned that the biometric element of the European Union's new digital border security system for car passengers using the tunnel could be delayed because of software issues.
One soldier was killed and four others were injured after a UH-1Y Venom military helicopter crashed at the Czech Army's 22nd Air Base in Náměšť nad Oslavou, around 180 kilometres southeast of Prague, the Armed Forces said.
U.S. Secretary of State Marco Rubio has renewed the Trump administration's campaign against the International Criminal Court (ICC), accusing the Hague-based tribunal of threatening U.S. sovereignty and pledging further diplomatic action over its investigations.
The European Union (EU) has agreed on a 21st package of sanctions against Russia, after shelving some proposed measures to appease member states, most notably Greece.
Greece’s security council, KYSEA, is expected to give final approval on Thursday for the purchase of a multi-layered air defence system from Israel worth up to €3.5 billion ($4 billion), along with several types of drones, according to two sources who spoke to Reuters.
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