{"id":324,"date":"2025-03-10T08:19:56","date_gmt":"2025-03-10T09:19:56","guid":{"rendered":"http:\/\/softnary.com\/?p=324"},"modified":"2025-03-11T23:05:35","modified_gmt":"2025-03-11T23:05:35","slug":"uk-reveals-where-its-going-to-spend-2300000000-from-sale-of-chelsea-fc","status":"publish","type":"post","link":"http:\/\/softnary.com\/index.php\/2025\/03\/10\/uk-reveals-where-its-going-to-spend-2300000000-from-sale-of-chelsea-fc\/","title":{"rendered":"UK reveals where its going to spend \u00a32,300,000,000 from sale of Chelsea FC"},"content":{"rendered":"
\n
\n\t\t\"A\t<\/div>
Russian billionaire Roman Abramovich had owned the club since 2003<\/figcaption><\/figure>\n

More than \u00a32.3 billion from Roman Abramovich\u2019s sale of Chelsea<\/a> Football Club may finally be used for humanitarian aid to Ukraine<\/a>.<\/p>\n

Foreign secretary David Lammy<\/a> vowed to take \u2018action\u2019 against the Russian oligarch that could include launching a legal case.<\/p>\n

This would be the government<\/a>\u2019s latest attempt to unfreeze proceeds from the deal that closed more than two years ago as\u00a0sanctions\u00a0were enacted against the billionaire following Russia<\/a>\u2019s full-scale invasion.<\/p>\n

Hardening Britain\u2019s position on how the West should use bonds<\/a> and other frozen securities, Lammy said he is \u2018determined\u2019 to see that the money \u2018get out the door\u2019 and to Ukraine.<\/p>\n

\u2018I am frustrated that it hasn\u2019t happened, is the truth and that money needs to be distributed, it needs to be used,\u2019 he told the Financial Times<\/a> in Tokyo. <\/p>\n

\n

\n\t\t\t\tGet personalised updates on Chelsea every day\t\t\t<\/h2>\n
\n

Wake up to find news on your club in your inbox every morning with Metro\u2019s Football Newsletter. <\/p>\n

Sign up to our newsletter<\/a> and then select your team in the link we\u2019ll send you so we can get football news tailored to you.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n

He said he is shifting to an \u2018action-oriented approach\u2019 to try and break the gridlock<\/a>.<\/p>\n

\n
\n\t\t\"DOBROPILLIA,\t<\/div>
Firefighters attempt to extinguish flames caused by a Russian attack in the centre of Dobropillia, Donetsk (Picture: Getty)<\/figcaption><\/figure>\n
\n
\n\t\t\"epaselect\t<\/div>
A man looks at damaged buildings two days after a Russian shelling in Dobropillya (Picture: EPA)<\/figcaption><\/figure>\n

There are legal complexities, but the minister said his \u2018first instinct is not litigation\u2019 because of how long it could take.<\/p>\n

Britain\u2019 has always stressed that the money must be spent inside Ukraine.<\/p>\n

Abramovich was sanctioned weeks after the start of the invasion after the government said he had been \u2018involved in destabilising\u00a0Ukraine\u00a0and had undermined and threatened the territorial integrity, sovereignty and independence of Ukraine\u2019 via the steel manufacturing company Evraz PLC.<\/p>\n

He was allowed to sell the west London club, which he had owned since 2003, but only if the \u2018net proceeds\u2019 go to \u2018victims of the war in Ukraine\u2019.<\/p>\n

\n
\n
\n
\n\t\t\t\t\t\t\t\t\t\t{“@context”:”https:\/\/schema.org”,”@type”:”VideoObject”,”name”:”Metro.co.uk”,”duration”:”T1M38S”,”thumbnailUrl”:”https:\/\/i.dailymail.co.uk\/1s\/2025\/03\/10\/10\/96022661-0-image-a-1_1741603113207.jpg”,”uploadDate”:”2025-03-10T10:37:22+0000″,”description”:”Fire engines and emergency vehicles could be seen at the site of a drone attack in Ukraine’s southern Black Sea port of Odesa in a video released by the local city council.nnTwo people were injured in the attack which targeted civilian and energy infrastructure, Governor Oleh Kiper’s said via the Telegram messaging app.”,”contentUrl”:”https:\/\/videos.metro.co.uk\/video\/met\/2025\/03\/10\/631734100787639389\/480x270_MP4_631734100787639389.mp4″,”height”:270,”width”:480}<\/p>\n

\t\t\t\t\t

To view this video please enable JavaScript, and consider upgrading to a web
\n\t\t\t\t\t\t\tbrowser that
\n\t\t\t\t\t\t\tsupports HTML5
\n\t\t\t\t\t\t\t\tvideo<\/a><\/p>\n

\t\t\t\t\t<\/video>\n\t\t\t\t<\/div>\n

\n
\n
\n

Up Next<\/p>\n

\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n

\n
\n\t\t\t\t\t\t\t\tPrevious Page<\/title>\n\t\t\t\t\t\t\t<\/div>\n<div class=\"metro-related-video-carousel__page\"><\/div>\n<div class=\"metro-related-video-carousel__page\"><\/div>\n<div class=\"metro-related-video-carousel__page\"><\/div>\n<div class=\"metro-related-video-carousel__page\"><\/div>\n<div class=\"metro-related-video-carousel__arrow metro-related-video-carousel__arrow--right disabled\">\n\t\t\t\t\t\t\t\t<title>Next Page<\/title>\n\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"metro-related-video-carousel__related-videos-placeholder\">\n<div class=\"metro-related-video-carousel__related-video-placeholder\">\n<div class=\"metro-related-video-carousel__related-video-placeholder-thumbnail\">\n\t\t\t\t\t\t\t<\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder-headline\">\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span>\n\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder\">\n<div class=\"metro-related-video-carousel__related-video-placeholder-thumbnail\">\n\t\t\t\t\t\t\t<\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder-headline\">\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span>\n\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder\">\n<div class=\"metro-related-video-carousel__related-video-placeholder-thumbnail\">\n\t\t\t\t\t\t\t<\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder-headline\">\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span>\n\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder\">\n<div class=\"metro-related-video-carousel__related-video-placeholder-thumbnail\">\n\t\t\t\t\t\t\t<\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder-headline\">\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span>\n\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder\">\n<div class=\"metro-related-video-carousel__related-video-placeholder-thumbnail\">\n\t\t\t\t\t\t\t<\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder-headline\">\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span>\n\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder\">\n<div class=\"metro-related-video-carousel__related-video-placeholder-thumbnail\">\n\t\t\t\t\t\t\t<\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder-headline\">\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span>\n\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder\">\n<div class=\"metro-related-video-carousel__related-video-placeholder-thumbnail\">\n\t\t\t\t\t\t\t<\/div>\n<div class=\"metro-related-video-carousel__related-video-placeholder-headline\">\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span><br \/>\n\t\t\t\t\t\t\t\t<span><\/span>\n\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>\t\t\twindow.addEventListener(‘metroVideo:relatedVideosCarouselLoaded’, function(data) {<br \/>\n\t\t\t\tif (typeof(data.detail) === ‘undefined’ || typeof(data.detail.carousel) === ‘undefined’ || typeof(data.detail.carousel.el_) === ‘undefined’) {<br \/>\n\t\t\t\t\treturn;<br \/>\n\t\t\t\t}<br \/>\n\t\t\t\tvar player = data.detail.carousel.el_;<br \/>\n\t\t\t\tvar container = player.closest(‘.metro-video-player’);<br \/>\n\t\t\t\tvar placeholder = container.querySelector(‘.metro-video-player__up-next-placeholder’);<br \/>\n\t\t\t\tcontainer.removeChild(placeholder);<br \/>\n\t\t\t\tcontainer.classList.add(‘metro-video-player–related-videos-loaded’);<br \/>\n\t\t\t});<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<figure class=\"img-container shareable-item wp-caption\">\n<div class=\"img-wrap\">\n\t\t<img decoding=\"async\" width=\"646\" height=\"431\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"article-image wp-image-22698210 lazyload\" alt=\"Roman Abramovich\" loading=\"lazy\" data-src=\"http:\/\/softnary.com\/wp-content\/uploads\/2025\/03\/GettyImages-1320981745-9d5f.jpg\">\t<\/div><figcaption>There is still no response from Abramovich on the attempt to use the money for Ukraine (Picture: Getty)<\/figcaption><\/figure>\n<p>Between \u00a3233 and \u00a3271 billion of Russian assets have been seized by UK, US and European governments since February 2022.<\/p>\n<p>European leaders have long wanted to use those assets to help rebuild Ukraine, but have yet to reach an agreement on how to avoid legal challenges or setting a problematic international precedent, with\u00a0several options\u00a0under consideration.<\/p>\n<p>When asked if he would support emergency legislation to seize and repurpose the assets to support Ukraine, Lammy told parliament: \u2018Europe has to act quickly, and I believe we should move from freezing assets to seizing assets.<\/p>\n<p>\u2018It\u2019s not an issue on which any government can act alone. We must act with European allies.\u2019<\/p>\n<p class=\"\"><strong><strong><strong>Get in touch with our news team by emailing us at <a rel=\"noreferrer noopener\" href=\"mailto:webnews@metro.co.uk\" target=\"_blank\">webnews@metro.co.uk<\/a>.<\/strong><\/strong><\/strong><\/p>\n<p class=\"\"><strong>For more stories like this, <\/strong><a rel=\"noreferrer noopener\" href=\"https:\/\/metro.co.uk\/news\/\" target=\"_blank\"><strong>check our news page<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russian billionaire Roman Abramovich had owned the club since 2003 More than \u00a32.3 billion from Roman Abramovich\u2019s sale of Chelsea Football Club may finally be used for humanitarian aid to Ukraine. Foreign secretary David Lammy vowed to take \u2018action\u2019 against the Russian oligarch that could include launching a legal case. This would be the government\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-russia-ukraine"],"_links":{"self":[{"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/posts\/324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/comments?post=324"}],"version-history":[{"count":2,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/posts\/324\/revisions"}],"predecessor-version":[{"id":330,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/posts\/324\/revisions\/330"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/media\/300"}],"wp:attachment":[{"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/media?parent=324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/categories?post=324"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/softnary.com\/index.php\/wp-json\/wp\/v2\/tags?post=324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}