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UK law enforcement threats to Abramovich $3.2 BLN Chelsea sales

Story: Britain says it can file a lawsuit or other legal action from $3.2 billion for Russian businessman Roman Abramovich to sell Chelsea Soccer Club.

After Moscow invasion of Ukraine, the British government approved Abramovich in its crackdown on Russian oligarchs.

This triggered a hasty sales from Premier League clubs in 2022.

and the freeze of earnings in obscure terms.

Three years have passed and the money has not been paid continuously at the time of its issuance.

Britain hopes to spend only in Ukraine with a wider European push to Moscow to pay for destruction and death bills.

Abramovich wants more flexibility and let the money go to all victims.

Reuters requested central documents on Chelsea’s terms of sales, which the British government said may not be because it could interfere with “law enforcement.”

It is unclear who may be suspected or what potential wrongdoing is involved.

Abramovich denied close ties with Russian President Vladimir Putin.

His legal representative said there was no case against him in the UK.

Chelsea enjoyed the most successful match in club history under Abramovich.

The club was sold to a consortium of U.S. investor Todd Boehly and private equity firm Clearlake Capital in 2022.

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