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Shakhtar Donetsk chief urges Andy Burnham to help release £2.5bn Chelsea sale funds for Ukraine

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Shakhtar Donetsk chief executive Serhii Palkin has urged prime minister Andy Burnham to help resolve the dispute over £2.5 billion from Roman Abramovich’s sale of Chelsea.

He warns that Ukraine urgently needs the money to support its fight against Russia. The funds have been frozen in a United Kingdom bank account controlled by Abramovich’s company, Fordstam, since the Russian invasion of Ukraine in 2022.

The money was raised when Abramovich was forced to sell Chelsea after facing sanctions. However, the funds still have not been disbursed because of disagreements over how to distribute them.

Source excerpt · Football Today ↗
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Football Today ↗
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Chelsea, Shakhtar Donetsk

Attributed publisher reporting. Kickjolly has not independently confirmed the claim.

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Shakhtar Donetsk chief urges Andy Burnham to help release £2.5bn Chelsea sale funds for Ukraine
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Chelsea newsShakhtar Donetsk news

Source context

Shakhtar Donetsk chief executive Serhii Palkin has urged prime minister Andy Burnham to help resolve the dispute over £2.5 billion from Roman Abramovich’s sale of Chelsea. He warns that Ukraine urgently needs the money to support its fight against Russia.

Source excerpt · Football Today

Read original report ↗

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