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UK Plans Legal Action Over Abramovich’s Frozen Chelsea Funds

By Drooid · Sep 11, 2026, 10:54 PM UTC · How we work

Summary

Story summary

The UK government disputes Russian oligarch Roman Abramovich’s frozen £2.5 bn Chelsea sale proceeds.
The proceeds earned £114 m interest in 2024 and nearly £63 m in 2023.
Abramovich pledged to donate the money to Ukraine war victims, but it remains unreleased.
Jersey authorities are probing the Chelsea sale proceeds as possible crime proceeds.
UK officials plan legal action after Abramovich missed a March 2026 deadline.

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Story summary

The UK government disputes Russian oligarch Roman Abramovich’s frozen £2.5 bn Chelsea sale proceeds.
The proceeds earned £114 m interest in 2024 and nearly £63 m in 2023.
Abramovich pledged to donate the money to Ukraine war victims, but it remains unreleased.
Jersey authorities are probing the Chelsea sale proceeds as possible crime proceeds.
UK officials plan legal action after Abramovich missed a March 2026 deadline.