UK Government Threatens Legal Action Against Abramovich Over Chelsea Sale
The UK government has warned Roman Abramovich, the former owner of Chelsea Football Club, that it may take legal action regarding the club’s sale. Authorities are concerned that the sale could violate sanctions imposed on Abramovich after Russia’s invasion of Ukraine.
Abramovich sold Chelsea in May 2022, but his close ties to the Russian government have raised questions about the transaction. The government is investigating whether the sale complied with UK regulations, focusing on ensuring that Abramovich does not benefit from the proceeds.
The sale, which totaled £4.25 billion, went to a consortium led by Todd Boehly. The UK government seeks guarantees that the funds will support charitable causes, especially those helping victims of the conflict in Ukraine.
Abramovich’s representatives argue that the sale followed legal protocols and was crucial for the club’s survival amid financial uncertainty. They maintain that all transactions were transparent.
As the situation unfolds, the UK government is ready to take further action if it finds evidence of wrongdoing. This case could have broader implications for sports ownership and regulatory practices in the UK.
