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Roman Abramovich

  • Newcastle United: MP denies rowing back on Saudi criticism after accepting £5k freebies

    Sport Business

    Newcastle MPs have been urged to stop accepting hospitality and gifts from Newcastle United amid concerns it has softened their criticism of the club’s Saudi owners. Dame Chi Onwurah, Labour MP for Newcastle Central and West, was a vociferous critic of the Saudi regime before in recent years taking tickets and hospitality from the club.  [...]

  • Big Four giant Deloitte accused of faking paperwork to hide Roman Abramovich wealth

    Big Four

    The Cyprus branch of Big Four giant Deloitte and its spin-off are alleged to have falsified corporate paperwork to protect former Chelsea FC owner Roman Abramovich’s assets before the UK government sanctioned him. According to a joint investigation by the Bureau of Investigative Journalism (TBIJ) and BBC Panorama, it is alleged that accounts signed off [...]

    The proceeds totalling £2.5bn from Roman Abramovich’s sale of Chelsea FC still remain unused two years on.
  • Roman Abramovich heads to European Court of Human Rights

    Sport Business

    Roman Abramovich has headed to the European Court of Human Rights to challenge a criminal investigation into the Russian oligarch being carried out by authorities in Jersey. The former Chelsea FC owner has been under investigation for four years by the Channel Islands authorities in a move that has seen £5.3bn of his assets frozen. [...]

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  • Abramovich foundation trustee has links to Starmer advisor Powell

    April 7, 2026

    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 [...]

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

    April 1, 2026

    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 [...]

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

    March 18, 2026

    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 [...]

  • 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 [...]

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