Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag UK demands Russian oligarch use £2.5B Chelsea sale proceeds for Ukraine or face legal action.

flag The UK government has urged Russian oligarch Roman Abramovich to use £2.5 billion from the sale of Chelsea FC for Ukrainian humanitarian aid, warning of legal action if he fails to comply. flag The funds, frozen since 2022 after sanctions over Russia’s invasion of Ukraine, must be transferred to a foundation focused solely on Ukraine under a new licence. flag While Abramovich pledged to donate the money, he has not agreed to the UK’s condition of exclusive use in Ukraine. flag Officials, including Prime Minister Keir Starmer and Chancellor Rachel Reeves, called the delay unacceptable and said they are prepared to pursue legal measures. flag No firm deadline has been set, but action is expected within months. flag The Treasury will consider voluntary proposals but has not disclosed legal steps. flag Critics argue the funds should have been sent sooner, and legal experts warn court action could set a precedent for handling frozen assets.

82 Articles