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Tag: Todd Boehly

Roman Abramovich’s £2 Billion Chelsea FC Sale Stalled by Legal Quandary, Ukrainian Aid Left Hanging

The ambitious promise to allocate over £2 billion from the forced sale of Chelsea FC to aid Ukrainian war victims has hit a legal impasse, leaving the funds frozen in a London bank account. This revelation underscores a complex quagmire involving property rights and the UK's commitment to legal precedents. The situation sheds light on the intricate relationship between Roman Abramovich, the Russian oligarch and former owner of Chelsea FC, and the legal and political machinery of the West.

EU Court Confirmed Sanctions Against Roman Abramovich And Dismissed His Lawsuit!

The Russian oligarch Roman Abramovich has lost a key legal battle against the EU, with the EU's general court upholding sanctions imposed on him following Russia's invasion of Ukraine. The sanctions, which came into effect in 2022, targeted close allies of Russian President Vladimir Putin, including the 57-year-old Abramovich. His lawsuit against the EU Council sought to reverse these punitive actions, arguing against their validity.