All articles tagged with #abramovich
President Zelensky said Roman Abramovich visited Kyiv in May as an informal channel to relay messages to Vladimir Putin, including a ceasefire proposal and a push for direct talks, while Kyiv’s position on Donbas remains non-negotiable. Abramovich reportedly asked for discretion, and Zelensky indicated Kyiv was open to a direct meeting with Putin, in any format, but would not concede territorial control in Donbas.
President Zelensky confirmed a private Kyiv meeting with Russian billionaire Roman Abramovich to convey Kyiv’s stance on Donbas—no territorial concessions and readiness to pursue peace talks only after a ceasefire; Putin has dismissed the overture, while Zelensky signaled willingness to meet Putin in a neutral setting, potentially with Western leaders, and Abramovich’s mediation role continues after earlier peace talks.
The UK government has given Roman Abramovich a final deadline to donate £2.5 billion from the sale of Chelsea to Ukraine or face legal action, amid ongoing disputes over the use of the frozen funds. The government seeks to ensure the money benefits Ukrainian humanitarian causes, while Abramovich argues it should aid all war victims, including in Russia. The UK has not specified the legal basis for seizing the funds but is considering issuing a license to transfer the money to a charitable foundation, with potential for broader use of future gains. The dispute highlights the complexities of freezing and seizing Russian assets in the context of the Ukraine conflict.
The UK government has given Roman Abramovich a final 90-day deadline to transfer 2.5 billion pounds from the sale of Chelsea to Ukraine's victims or face legal action, as part of sanctions following Russia's invasion of Ukraine. The funds are currently frozen, and the UK aims to ensure they are used solely for humanitarian aid in Ukraine, with the government prepared to enforce the law if necessary.
UK government demands Russian oligarch Roman Abramovich pay £2.5bn from Chelsea sale for Ukrainian victims or face legal action, citing delays and disputes over fund usage amid ongoing sanctions and geopolitical tensions.
The UK has given Russian oligarch Roman Abramovich a final 90 days to transfer 2.5 billion pounds from the sale of Chelsea FC to Ukraine for humanitarian causes, threatening legal action if he fails to comply, amid ongoing sanctions related to Russia's invasion of Ukraine.
The UK has given Roman Abramovich a final 90-day deadline to transfer 2.5 billion pounds from Chelsea's sale to Ukraine's victims or face legal action, as part of sanctions related to Russia's invasion of Ukraine. The government plans to issue a license to transfer the funds to a charitable foundation supporting Ukraine, with European leaders also considering using frozen Russian assets for Ukraine's needs.
The UK government is threatening legal action to ensure the £2.5 billion from Roman Abramovich's sale of Chelsea Football Club is used for humanitarian aid in Ukraine, amid disputes over the funds' allocation, following Abramovich's sanctions and sale of the club due to Russia's invasion of Ukraine.
The financial gap between the wealthiest soccer clubs and their rivals is wider than ever before, depriving many national leagues of any element of surprise. The corruption scandal surrounding FIFA has shown that the body making decisions about hosting the World Cup is flawed. The Premier League has run itself better than any other league in the world, but the purchase of Chelsea by Roman Abramovich was hugely important in shaping the economic development of English football. It decoupled success on the pitch from wealth, allowing clubs to have money just because they had a megarich owner.
Financial records reveal that the money for an apartment purchased for Russian President Vladimir Putin's former teacher, Mina Yuditskaya-Berliner, did not come from Putin, but from an offshore account secretly controlled by Russian billionaire Roman Abramovich. The transaction highlights the system of patronage and hidden wealth in Russia, where oligarchs like Abramovich know what is expected of them and play along. Abramovich has long denied any financial linkage to Putin, but the documents obtained by The Washington Post and the International Consortium of Investigative Journalists suggest otherwise.