The sale price of 2.5 billion pounds for the reigning FIFA Club World Cup winners and 2021 European champions is the most lucrative-ever for a sports team worldwide but Abramovich cannot receive the proceeds, which he hopes will go to a foundation for the victims of the war. A further 1.75 billion pounds has been committed to invest in Chelsea's teams and stadiums after two months of rapid negotiations to sell the west London club since Russia invaded Ukraine.
as part of a crackdown on wealthy Russians with ties to President Vladimir Putin. Abramovich's side positioned him as a potential peacemaker but that trail has gone silent publicly in recent weeks and the billionaire has not condemned the war. Chelsea has the smallest and most dated stadium of the Premier League's most successful clubs, with plans for a rebuild of the 41,000-capacity venue put on hold by Abramovich in 2018 as British-Russian diplomatic tensions deepened.
Chelsea had won the league title only once -- in 1955 -- when Abramovich bought the club in 2003. Helped by expensive signings, the club won the Premier League title two years later and has added four more since then, most recently in 2017.
from olygarc to olygarc...
Will Ukraine benefit from the proceeds? They deserve all they can get.
Now seize the assets.