The British government has announced a delay in redirecting funds from the sale of Abramovich's Chelsea FC to help victims of russian aggression in Ukraine, calling the process "too long." This was reported by Sky News, according to UNN.
Details
British Foreign Secretary Andrew Mitchell says it is taking "too long" to redirect funds from the sale of Chelsea FC to russian oligarch Roman Abramovich to help victims of the war in Ukraine.
The official also noted that there are "significant problems" that need to be addressed, but assured that there is "new energy" to address this issue.
Recall
The sale of the Chelsea football club to russian oligarch Roman Abramovich took place in May 2022, after sanctions were imposed on him in connection with the russian invasion of Ukraine. During the sale, Abramovich promised to use the proceeds for a fund to help war victims.
However, almost two years later, the funds remain frozen in the bank account due to disagreements between the parties over how the money should be spent.