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Roman Abramovich

  • Abramovich foundation trustee has links to Starmer advisor Powell

    Sport Business

    A new charitable foundation at the heart of Roman Abramovich’s dispute with the UK government over the £2.35bn in funds from the sale of Chelsea has a named trustee with links to Prime Minister Sir Keir Starmer. Martin Griffiths, a UK diplomat and former coordinator for the United Nations, co-founded a ‘peacemaking’ organisation with Starmer’s [...]

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  • Abramovich defies Starmer with new foundation plan for £2.4bn Chelsea funds

    Sport Business

    Roman Abramovich has responded to Keir Starmer’s legal threats to claim the £2.4bn sum raised from selling Chelsea by taking steps to set up a new foundation. An application for the creation of the Foundation for Victims of Conflict will be made this week with the Charity Commission, without the permission of the government. No10 [...]

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  • Government ‘must not delay’ over Abramovich’s £2.5bn Chelsea funds, Tories say

    Sport Business

    Shadow chancellor Mel Stride has insisted the government “must not delay taking further action” against Roman Abramovich to unlock £2.5bn held after his sale of Chelsea. The Russian was forced to offload the Premier League club in 2022 after Vladimir Putin’s invasion of Ukraine, with the proceeds of the sale to a consortium led by [...]

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  • Chelsea hit with £11m fine and Premier League transfer ban

    March 16, 2026

    Chelsea have been slapped with a £11m fine and a transfer ban for breaching Premier League rules under their previous ownership. An investigation into the London club found “undisclosed payments by third parties associated with the club were made to players, unregistered agents and other third parties” between 2011 and 2018, when the club was [...]

  • Abramovich to fight UK Government over funds from £2.5bn Chelsea sale

    March 9, 2026

    Former Chelsea owner Roman Abramovich has vowed to fight the UK Government if it follows through with a threat to seize the proceeds from his £2.5bn sale of the club. Prime Minister Keir Starmer warned Abramovich late last year that “the clock is ticking” on his pledge to donate the funds to victims of the [...]

  • Badenoch accuses Starmer of lying as Abramovich row erupts

    January 8, 2026

    Kemi Badenoch has accused Keir Starmer of lying about her shadow attorney general Lord Wolfson amid a furious row about funds in Roman Abramovich’s frozen bank account designated for Ukraine.  Starmer took aim at Lord Wolfson, who has recused himself from offering the Tory leader advice on Ukraine and Russia due to his own legal [...]

  • Starmer threatens Abramovich with court over £2.5bn Chelsea proceeds

    December 17, 2025

    Prime Minister Keir Starmer has vowed to take Roman Abramovich to court unless he hands over the £2.5bn proceeds from his sale of Chelsea FC to humanitarian causes in Ukraine. The huge windfall has been frozen in a UK bank account since May 2022, when the sanctioned Russian oligarch sold Chelsea to a US consortium [...]

  • Can the government force the Abramovich Chelsea money to go to Ukraine?

    November 8, 2025

    This week former Chelsea owner Roman Abramovich hit out at the UK government over their handling of the proceeds from the sale of the Blues to a Todd Boehly-fronted consortium, describing the process as “paralysing”. Around £2.3bn is sitting frozen in a bank account with the two parties at odds over whether Ukraine, or “all” [...]

  • Abramovich hits out at UK government over frozen £2.3bn Chelsea proceeds

    November 5, 2025

    Former Chelsea owner Roman Abramovich has criticised the government over moves that have “paralysed” his £2.3bn windfall from the sale of the Premier League club. Following the invasion of Ukraine, the Russian billionaire sold the Stamford Bridge club to a consortium fronted by American Todd Boehly, with the proceeds placed in a frozen bank account [...]

  • Chelsea face fine and transfer ban after FA issues 74 charges

    September 11, 2025

    Chelsea face a large fine and a possible transfer ban after being charged with 74 breaches of agent regulations by the Football Association. The charges relate to a period spanning from 2009 to 2022, during Roman Abramovich’s ownership, and come after the club’s current regime raised the alarm about possible “incomplete financial reporting” following their [...]

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