Commons Sense

House of Commons · Written Ministerial Statement

UK Sanctions

17 December 2025 · Treasury

Proposed by Rachel Reeves Lab Leeds West and Pudsey

Foreign AffairsUkraine

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • UK government issued a licence to transfer 2.5 billion from Chelsea Football Club sale to a charitable foundation for Ukraine victims.
  • Government urges Roman Abramovich to act without delay.
  • Any legal route proposed by Abramovich will be considered under the terms of the issued licence.

Issue summary

The statement addresses the UK government's issuance of a licence to transfer £2.5 billion from the sale of Chelsea Football Club to a charitable foundation for Ukraine victims.

Action requested

The Government urges Roman Abramovich to act without delay and proposes that any legal route proposed by him will be considered under the terms of the issued licence, while confirming its commitment to use all available tools, including legal action, to release these funds.

Key facts

  • OFSI issued a licence permitting the transfer of over £2.5 billion.
  • The funds are intended for a new charitable foundation benefiting victims of the invasion in Ukraine.
  • The Government would have preferred cooperation from Roman Abramovich and his company, Fordstam Ltd.
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