Billionaire Told to Keep His Promise

Russian Billionaire in Hot Water

Roman Abramovich, the Russian billionaire, is under pressure from the UK government to fulfill his promise. He vowed to donate £2.5 billion from the sale of Chelsea Football Club to aid victims of the war in Ukraine. However, the government claims he has yet to deliver.

The Promise and the Sale

Three years ago, Abramovich sold Chelsea Football Club. He pledged that the proceeds would go to a charity supporting war victims. But UK Prime Minister Keir Starmer has now warned Abramovich to act swiftly or face legal consequences.

Abramovich's Fortune and Chelsea

Abramovich amassed his wealth in the oil and gas industry. He acquired Chelsea in 2003 and invested heavily in the club. However, in 2022, he was forced to sell due to his ties to Vladimir Putin. The UK government granted him a special license to sell, but he had to agree not to profit from the transaction.

Dispute Over Aid Distribution

The UK government insists the money should go to humanitarian aid in Ukraine. Abramovich, however, argues it should benefit all war victims, including Russians. Despite the money legally belonging to him, UK sanctions prevent him from accessing it.

Government's Ultimatum

Prime Minister Starmer has made it clear that the government is prepared to take legal action if Abramovich does not honor his commitment. The deadline is approaching, and the government is serious about enforcing the pledge.