To ask the Chancellor of the Exchequer, pursuant to the Answer of 20 March 2025 to Question 38924 on Chelsea Football Club: Sales, what progress the Financial Sanctions Implementation Office has made on ensuring that the frozen proceeds from the sale of Chelsea FC are sent to humanitarian causes in Ukraine.
Answered on
2 June 2025
The Government is determined to see the proceeds from the sale of Chelsea Football Club reach humanitarian causes in Ukraine, following Russia’s illegal full-scale invasion.
We are deeply frustrated that it has not been possible to reach agreement on this with Mr Abramovich so far.
While the door for negotiations will remain open, we are fully prepared to pursue this matter through the courts if required, to ensure people suffering in Ukraine receive the benefit from these proceeds as soon as possible.