Roman Abramovich refuses to meet agreement after Chelsea sale

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Roman Abramovich refuses to meet agreement after Chelsea sale

Former Chelsea owner, Roman Abramovich is reportedly refusing to sign off on the £2.3 billion meant to be sent to Ukraine after the sale of the west London-based football club.

Recall that the Russian oligarch was forced out of the club and compelled to sell it off in 2022.

Abramovich was being punished by the British government after Russia’s invasion of Ukraine.

The agreement was that a part of the money received when Todd Boely’s entourage bought the Stamford Bridge outfit was supposed to go to the victims of Russia’s war on Ukraine.

However, the Daily Mail reports that the Russian’s “sign off” is needed before the funds can be released, which the billionaire has refused to provide.

Abramovich wants Russians affected by the conflict to receive a part of the funds.

The report noted that the British government would be willing to sanction that, hence, there is currently no guarantee about when, if ever, the Ukrainians will receive the funds.