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UK seeks action to release GBP2.3-bln from Chelsea deal to Ukraine
Journal Staff Report

KYIV, March 10 - The UK Secretary of State for Foreign, Commonwealth and Development Affairs, David Lammy, has promised to take action, which may include initiating legal proceedings, to release GBP2.3 billion ($3 billion) received from the sale of Chelsea football club by Russian billionaire Roman Abramovich more than two years ago.

According to the Financial Times, the funds that the UK government has frozen and wants to redirect to Ukraine have been in a bank account of a special trust for the past two years, and talks about how exactly this money should be used are ongoing.




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