The Todd Boehly and Clearlake Capital consortium concluded the £4.22 billion Chelsea takeover at the end of May last year, putting a full stop to Roman Abramovich’s 19-year ownership at the Premier League club. £2.34BILLION from Chelsea's takeover 'remains frozen in a UK bank account and NONE of it has reached Ukraine' https://t.co/27sftwZGTH — MailOnline Sport (@MailSport) April 7, 2023£2.3 billion from the Chelsea takeover stayed static in the UK bank account, and nothing has reached Ukraine yetFollowing the Russian invasion of Ukraine, Abramovich had put Chelsea on sale and the oligarchy was then sanctioned by the UK government concerning his alleged connections with Vladimir Putin. Mike Penrose, the ex-Unicef UK Chief executive, told Bloomberg that close to a year on, funds are yet to arrive. There are complexities and delays based on political approval both between the UK and the EU and within the UK. We don’t want to end up with a charity but no money.”Foreign office minister Leo Docherty’s responseLeo Docherty, foreign office minister, said,“It is still frozen in the UK bank account.
Source: Daily Mail April 08, 2023 09:15 UTC