Chelsea Football Club: Sales
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether the interest accrued on the frozen £2.5 billion proceeds from the sale of Chelsea Football Club is intended to benefit the proposed foundation to support victims of the war in Ukraine; and what steps the Government is taking to ensure that no part of these funds benefits sanctioned individuals.
Answered by Stephen Doughty
The Government is determined to see that the frozen proceeds, including the accrued interest, from the sale of Chelsea Football Club reach humanitarian causes in Ukraine. Restrictions imposed through UK sanctions laws will ensure that the proceeds do not benefit sanctioned individuals.
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