Campaigners have demanded “maximum transparency” over the UK’s handling of £2.5bn earmarked for charity from the sale of Chelsea Football Club, as they are increasingly concerned about Roman Abramovich’s influence over the process.
The sanctioned Russian oligarch is awaiting approval from the British government to proceed with the sale of the west London club to a group led by US financier Todd Boehly.
Chelsea said in a statement last week that the £2.5bn sum would be deposited into a “frozen UK bank account with the intention to donate 100 per cent to charitable causes”, adding that the proceeds could not be transferred without UK government approval.
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