
← London News Today | 2 Min News | The Daily News Now!11 sep · 1 min
Chelsea Sale Cash Frozen and Growing | London News
Roman Abramovich’s frozen Chelsea sale proceeds—now ballooning to £2.5 billion thanks to £175 million in interest—are stuck in a UK bank account, sparking a legal and political tug-of-war. The UK government wants the cash for Ukraine, but disputes linger over whether Abramovich’s pledge covers the full amount or just profits. Complicating matters further, a Jersey criminal probe into the origins of his wealth and an unresolved £1.4 billion loan add layers of uncertainty, leaving this massive sum in financial limbo with no clear path forward.
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