2.5 billion is frozen for three years and cannot be used. Is the British government ready to "take serious action" against Abu Abu?

Sports Weekly All Media Report

Chelsea Club's change of ownership was an old story three years ago, but the related issues are far from over. This week, the British government issued a statement claiming that they are ready to take former Blues boss Abramovich to court. As for the reason, of course, it was the huge £2.5 billion left by the club's resale. At present, the amount is still frozen in a British bank account associated with Abu. The British government's demand is to use the money as soon as possible "what Abu originally agreed to do."

In a joint statement, British Chancellor of the Exchequer Rivers and Foreign Secretary Rammy expressed their disappointment with the development. They said that the British government had originally wanted to see the proceeds of the sale of the Chelsea club being used for humanitarian causes in Ukraine, but until now, the government still cannot reach a relevant agreement with Abu. "Although the door to negotiations will remain open, we are ready to achieve the goals through the court if necessary to ensure that those suffering in Ukraine can benefit from these benefits as soon as possible."

The Russian-Ukrainian conflict broke out in 2022, and Abu, who was sanctioned, was also forced to resell its 19-year-old Chelsea club. At that time, Abu promised that the proceeds from the sale would be handed over to charity “to help victims of the Ukrainian incident.” However, this commitment is not exactly the same as the British government's idea. The victims Abu refers to cover both sides of the entire conflict and are not limited to Ukraine, while the UK requires "special funds and special purposes" to be used entirely for humanitarian assistance to Ukraine.

Although the related account has been frozen, there is currently no mechanism to force Abu to release the money, and the two sides are in a deadlock. In fact, as early as March this year, the British government had exposed rumors to the outside world, hinting that there was a possibility of suing Abraham. This time it is considered a "formal warning", which means that you will take the next step soon. Prior to that, Penrose, former executive of the United Nations Children's Fund UK chapter, had been appointed as the head of allocating and planning the use of the £2.5 billion, but the work of Penrose could not be actually carried out until the UK government reached an agreement with Abu or found a way to enforce it.