Chelsea Football Club: Sales
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to the Answer of 18 March 2024 to Question 18399 on Chelsea Football Club, what his planned timetable is to establish a foundation to (a) manage and (b) distribute the money from the sale of Chelsea FC.
Answered by Stephen Doughty
Independent experts outside of Government are leading the establishment of the new charitable foundation to manage and distribute the proceeds from the sale of Chelsea FC. UK officials continue to hold discussions with Mr Abramovich's representatives, experts and international partners, and we are doubling down on our efforts to ensure the money reaches humanitarian causes in Ukraine as quickly as possible.
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