3 w. ago UK gives Abramovich final warning to transfer £2.5bn to Ukraine fund

Keir Starmer says oligarch must commit funds from sale of Chelsea football club or face court actionEurope live – latest updatesUK politics live – latest updatesThe UK has given its final warning to Roman Abramovich to release £2.5bn from the oligarch’s sale of Chelsea FC to give to Ukraine, telling the billionaire to release the funds within 90 days or face court action.Keir Starmer told the House of Commons the funds from Abramovich, who is subject to UK sanctions, would be converted into a new foundation for humanitarian causes in Ukraine and that the issuing of a licence for the transfer was the last chance Abramovich would have to comply. Continue reading...

Events

3 w. ago ‘Clock is ticking’: Starmer tells Roman Abramovich to transfer money from Chelsea sale to Ukraine fund

Sir Keir Starmer announced the move in PMQs with the Russian billionaire still holding on to the £2.5bn he received for the sale of the football club

Economics

3 w. ago UK to transfer £2.5billion from Abramovich's sale of Chelsea FC to Ukraine

Sir Keir Starmer warned the Russian billionaire oligarch to commit the funds or face legal action from the UK Government

Economics

3 w. ago Starmer tells Abramovich ‘clock is ticking’ to send Chelsea billions to Ukraine

Roman Abramovich sold the club in May 2022.

Politics

3 w. ago Keir Starmer tells Roman Abramovich 'give up £2.5bn Chelsea cash or face court'

Keir Starmer has instructed Roman Abramovich to transfer £2.5bn from his sale of Chelsea FC to humanitarian causes in Ukraine or face court action

Economics

3 w. ago UK will transfer £2.5bn of Abramovich cash to Ukraine fund, Starmer says

Prime minister says oligarch must commit funds from sale of London football club or face court actionEurope live – latest updatesUK politics live – latest updatesThe UK will formally issue instructions to transfer £2.5bn from Roman Abramovich’s sale of Chelsea FC to humanitarian causes in Ukraine, telling the billionaire to commit the funds or face court action.Keir Starmer told the House of Commons the funds from the oligarch, who is subject to UK sanctions, would be converted in to a new foundation for Ukraine and that the issuing of a licence for the transfer was the last chance Abromovich would have to comply before legal action was taken. Continue reading...

Economics