Ukraine: Humanitarian Aid
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, when the proceeds of the sale of Chelsea FC will be distributed to humanitarian causes in Ukraine.
Answered by Stephen Doughty
We are working hard to ensure the proceeds from the sale of Chelsea FC reach humanitarian causes in Ukraine as quickly as possible, in line with the Government's unilateral declaration made at the time of sale. The proceeds are currently frozen in a UK bank account while a new independent foundation is established to manage and distribute the money; they are not held by the UK government. UK officials continue to hold discussions with Mr Abramovich's representatives, experts and international partners, and we are doubling down on our efforts to reach a resolution.
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