Latest news with #EuropaLeagues
The Sun
7 days ago
- Business
- The Sun
UK threatens Abramovich with legal action over Chelsea sale funds
LONDON: The UK government is threatening former Chelsea owner Roman Abramovich with legal action over the frozen £2.5 billion ($3.4 billion) generated from the sale of the club, which has been earmarked to help Ukraine's war victims. Finance minister Rachel Reeves and foreign minister David Lammy said late Monday they were 'frustrated' by the failure to reach agreement with Abramovich over where the funds of the May 2022 sale go. The UK government want the funds to be directed towards humanitarian purposes in Ukraine, but the oligarch insists they be used for all victims of the conflict, including in Russia. A consortium led by US businessman Todd Boehly bought the Premier League giants after Abramovich was sanctioned following Russian President Vladimir Putin's invasion of Ukraine, and the frozen funds are being held in a UK bank account. They still legally belong to Abramovic and cannot be moved without a licence from the Office of Financial Sanctions Implementation. 'The government is determined to see the proceeds from the sale of Chelsea Football Club reach humanitarian causes in Ukraine,' said the two ministers. '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,' they added. The 58-year-old Russian billionaire bought the club in 2003 and had an estimated fortune of $14.5 billion in 2021. Chelsea enjoyed their most successful ever period under Abramovich, winning two Champions Leagues, five Premier Leagues, five FA Cups, two Europa Leagues and a Club World Cup.
Yahoo
7 days ago
- Business
- Yahoo
UK threatens Abramovich with legal action over Chelsea sale funds
The UK government is threatening former Chelsea owner Roman Abramovich with legal action over the frozen £2.5 billion ($3.4 billion) generated from the sale of the club, which has been earmarked to help Ukraine's war victims. Finance minister Rachel Reeves and foreign minister David Lammy said late Monday they were "frustrated" by the failure to reach agreement with Abramovich over where the funds of the May 2022 sale go. The UK government want the funds to be directed towards humanitarian purposes in Ukraine, but the oligarch insists they be used for all victims of the conflict, including in Russia. A consortium led by US businessman Todd Boehly bought the Premier League giants after Abramovich was sanctioned following Russian President Vladimir Putin's invasion of Ukraine, and the frozen funds are being held in a UK bank account. They still legally belong to Abramovic and cannot be moved without a licence from the Office of Financial Sanctions Implementation. "The government is determined to see the proceeds from the sale of Chelsea Football Club reach humanitarian causes in Ukraine," said the two ministers. "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," they added. The 58-year-old Russian billionaire bought the club in 2003 and had an estimated fortune of $14.5 billion in 2021. Chelsea enjoyed their most successful ever period under Abramovich, winning two Champions Leagues, five Premier Leagues, five FA Cups, two Europa Leagues and a Club World Cup. jwp/jkb/iwd
France 24
7 days ago
- Business
- France 24
UK threatens Abramovich with legal action over Chelsea sale funds
Finance minister Rachel Reeves and foreign minister David Lammy said late Monday they were "frustrated" by the failure to reach agreement with Abramovich over where the funds of the May 2022 sale go. The UK government want the funds to be directed towards humanitarian purposes in Ukraine, but the oligarch insists they be used for all victims of the conflict, including in Russia. A consortium led by US businessman Todd Boehly bought the Premier League giants after Abramovich was sanctioned following Russian President Vladimir Putin's invasion of Ukraine, and the frozen funds are being held in a UK bank account. They still legally belong to Abramovic and cannot be moved without a licence from the Office of Financial Sanctions Implementation. "The government is determined to see the proceeds from the sale of Chelsea Football Club reach humanitarian causes in Ukraine," said the two ministers. "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," they added. The 58-year-old Russian billionaire bought the club in 2003 and had an estimated fortune of $14.5 billion in 2021. Chelsea enjoyed their most successful ever period under Abramovich, winning two Champions Leagues, five Premier Leagues, five FA Cups, two Europa Leagues and a Club World Cup. © 2025 AFP
News18
02-05-2025
- Sport
- News18
Chelsea Run Riot Over Djurgarden 4-1 To Inch Closer To Conference League Final
First-half goals from Jadon Sancho and Noni Madueke put Chelsea in control in Sweden, before Nicolas Jackson grabbed a brace midway through the second period. 'It was (a perfect night), an important semi-final," Chelsea manager Enzo Maresca told TNT Sports. 'It's a good result, but we have the experience from the Legia Warsaw game, where we won 3-0 there and we struggled a little bit (Chelsea's only loss in the tournament came at home in the return fixture), so we need to be focused on the second leg." Maresca's side has one foot in the final of the Conference League in their debut campaign in the third-tier European competition. Lifting the trophy in the Polish city of Wroclaw on May 28 would add another continental title to the London club's haul of two Champions Leagues, a pair of Europa Leagues and two UEFA Cup Winners' Cups. Their opponents, on the other hand, don't quite boast the same European pedigree, and in making the last four became the first Swedish side to play a semi-final in Europe since 1986/87. To further add to Djurgarden's underdog status, coach Jani Honkavaara only had 14 senior players fit to call upon for the visit of the Premier League giants. Chelsea took the lead via Sancho on 12 minutes as the winger collected a lofted pass in the box and slotted the ball past the goalkeeper before the retreating Marcus Danielson sliced his attempted clearance against his own arm and into the goal. The goal settled Chelsea, who slowly got more accustomed to the artificial surface in Stockholm and began to dominate Djurgarden. Madueke made that dominance pay two minutes prior to half-time when he opened up his body to feint a cross-goal shot with his left foot, before sweeping a first-time finish inside the near post. Jackson at the double As the interval loomed, Djurgarden nearly caught Chelsea with a sucker-punch, only for the English club's Swedish-born 'keeper Filip Jorgensen to readjust brilliantly and tip Tokmac Nguen's deflected strike behind for a corner. Jackson put Chelsea three goals to the good one minute before the hour as he tapped in from close range following a defensive mix-up. The Senegalese striker doubled up six minutes later, unleashing a fizzing shot with his left foot from the edge of the box. Teenager Isak Alemayehu Mulugeta snatched a consolation for Djurgarden in the 68th minute with a powerful downward header for his first senior goal. 'Very good performance, the most important thing is that we won. It is one step forward and we hope to reach the final," said Jackson. Advertisement In Andalusia, Betis had a dream start when Abde Ezzalzouli smashed the ball in off the crossbar on six minutes following battling centre-forward play by the in-form Cedric Bakambu. Fiorentina came within a whisker of equalising midway through the first half, but Rolando Mandragora's powerful header zipped inches wide of goalkeeper Fran Vieites' upright. Former Barcelona centre-half Marc Bartra had a chance to double Betis' lead at the end of the first period but blasted over from a corner. Manchester United loanee Antony then did get a second for the hosts with a fierce right-footed effort from outside the box, which flew beyond David de Gea's reach and into the top corner in the 64th minute.
France 24
01-05-2025
- Sport
- France 24
Chelsea close in on UEFA Conference League final with win at Djurgarden
In the other semi-final, Spain's Real Betis take a 2-1 lead into the return fixture against two-time runners-up Fiorentina. First-half goals from Jadon Sancho and Noni Madueke put Chelsea in control in Sweden, before Nicolas Jackson grabbed a brace midway through the second period. Enzo Maresca's side have one foot in the final of the Conference League in their debut campaign in the third-tier European competition. Lifting the trophy in the Polish city of Wroclaw on May 28 would add another continental title to the London club's haul of two Champions Leagues, a pair of Europa Leagues and two UEFA Cup Winners' Cups. Their opponents, on the other hand, don't quite boast the same European pedigree, and in making the last four became the first Swedish side to play a semi-final in Europe since 1986/87. To further add to Djurgarden's underdog status, coach Jani Honkavaara only had 14 senior players fit to call upon for the visit of the Premier League giants. Chelsea took the lead via Sancho on 12 minutes as the winger collected a lofted pass in the box and slotted the ball past the goalkeeper before the retreating Marcus Danielson sliced his attempted clearance against his own arm and into the goal. The goal settled Chelsea, who slowly got more accustomed to the artificial surface in Stockholm and began to dominate Djurgarden. Madueke made that dominance pay two minutes prior to half-time when he opened up his body to feint a cross-goal shot with his left foot, before sweeping a first-time finish inside the near post. Jackson at the double As the interval loomed, Djurgarden nearly caught Chelsea with a sucker-punch, only for the English club's Swedish-born 'keeper Filip Jorgensen to readjust brilliantly and tip Tokmac Nguen's deflected strike behind for a corner. Jackson put Chelsea three goals to the good one minute before the hour as he tapped in from close range following a defensive mix-up. The Senegalese striker doubled up six minutes later, unleashing a fizzing shot with his left foot from the edge of the box. Teenager Isak Alemayehu Mulugeta snatched a consolation for Djurgarden in the 68th minute with a powerful downward header for his first senior goal. In Andalusia, Betis had a dream start when Abde Ezzalzouli smashed the ball in off the crossbar on six minutes following battling centre-forward play by the in-form Cedric Bakambu. Fiorentina came within a whisker of equalising midway through the first half, but Rolando Mandragora's powerful header zipped inches wide of goalkeeper Fran Vieites' upright. Former Barcelona centre-half Marc Bartra had a chance to double Betis' lead at the end of the first period but blasted over from a corner. Manchester United loanee Antony then did get a second for the hosts with a fierce right-footed effort from outside the box which flew beyond David de Gea's reach and into the top corner in the 64th minute. Fiorentina halved the lead against the run of play with 17 minutes remaining as Luca Ranieri slotted home after being teed up by Robin Gosens. The second leg ties will take place next Thursday.
