Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to the decision to issue a licence authorising the release within 90 days of the proceeds from the 2022 sale of Chelsea Football Club for humanitarian support in Ukraine, what the deadline is for the completion of this process.
On 17 December 2025, His Majesty's Government issued a licence which permits the transfer of over £2.5 billion proceeds from the club's sale into a new foundation for humanitarian purposes in Ukraine. We would have preferred to take this action with the cooperation of Mr Abramovich and his company, Fordstam Ltd, and we continue to urge him to honour the commitments he made in 2022. But if Mr Abramovich fails to act quickly, this Government is fully prepared to go to court to enforce his previous commitments if necessary.