"Unfortunately, this approach is consistent with the manner in which the UK Government has handled this matter since the sale of Chelsea FC in 2022 - across the tenure of four prime ministers and five foreign secretaries."
"It is important to emphasise that the funds - although currently frozen - remain the property of Fordstam Limited, which is wholly owned by Mr Abramovich. The proposal to donate these proceeds was initiated by Mr Abramovich prior to the imposition of sanctions, and he remains fully committed to ensuring that the funds are used for charitable purposes."
Roman Abramovich faces an ongoing dispute with the UK government regarding £2.5 billion raised from Chelsea Football Club's sale following his 2022 sanctions. Abramovich was sanctioned for alleged links to Vladimir Putin following Russia's invasion of Ukraine. His legal team asserts they will contest any confiscation attempts and claims the government's handling has been politically motivated across multiple administrations. Abramovich's company Fordstam received £2.35 billion in 2022, but funds remain frozen. His lawyers maintain Abramovich initiated charitable donation plans before sanctions and remains committed to donating proceeds voluntarily, attributing delays to government mishandling rather than his non-compliance.
Read at Express.co.uk
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