Despite Roman Abramovich pledging to donate the proceeds from Chelsea’s sale to victims of the Ukraine war, the £2.5 billion remains frozen in a UK bank account, with no resolution in sight.
Roman Abramovich’s £2.5 billion from the sale of Chelsea in 2022 remains frozen in a UK bank account, with no funds yet distributed to the victims of the Ukraine war as he had pledged. The UK government, which sanctioned Abramovich following Russia’s invasion of Ukraine, insists it is working to ensure the money reaches humanitarian causes, but a new independent foundation must first be established.
Discussions continue between government officials, Abramovich’s representatives, and international partners, but after three years, there is still no clear timeline for the funds' release. Meanwhile, Chelsea fans, frustrated with the club’s current ownership, have recently sung Abramovich’s name in protest, highlighting his continued popularity among supporters.
