Ex-Chelsea owner Roman Abramovich threatened with legal action over £2.3bn proceeds from sale of club
FORMER Chelsea owner Roman Abramovich is being threatened with legal action over the £2.3billion proceeds from his sale of the club.
The cash was supposed to go on humanitarian projects in Ukraine.
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But British government officials and
The Government has lost patience after three years of talks with the Russian oligarch failed to resolve the situation.
In a joint statement,
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'We are deeply frustrated that it has not been possible to reach agreement on this with Mr Abramovich so far.
'While the door for negotiations will remain open, we are fully prepared to pursue this through the courts if required, to ensure people suffering in Ukraine can benefit from these proceeds as soon as possible.'
Pressure was growing on the Government for some time to take a harder line on Abramovich.
Charities like Save The Children and senior political figures like Lord Foulkes, a former chairman of Scottish club Hearts, urged first the previous Conservative administration and then the current Labour Government to find a way to end the deadlock.
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Roman Abramovich is being threatened with legal action over the £2.3billion proceeds from his sale of Chelsea
Credit: AP
UK government could approve the sale of Chelsea but Abramovich can't personally profit, says MP Chris Philp
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