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Britain is delaying aid to Ukraine from the sale of Chelsea

Apr 7, 2023

Aid to Ukraine from the sale of the Chelsea football club by oligarch Roman Abramovich is delayed due to the delay in the approval process - a year after the sale, the funds remain frozen in an account in Britain.

This was reported by Bloomberg in its publication on Friday.

According to the article, the fund, which is being created to help Ukraine at the expense of 2.34 billion pounds ($2.9 billion) received from the sale of the football club, is almost ready to be launched. In addition, the UK has already identified a candidate for the chairman of the fund's board. However, the newspaper claims that the British government's approval is taking longer than expected.

"We are ready to work and are just waiting for approval. There are difficulties and delays in terms of political approval, both between the UK and the EU and within the UK itself," said Mike Penrose, former executive director of UNICEF in the UK, who is now acting as the new foundation's chief executive.

According to Penrose, his team has completed all the paperwork necessary to establish the foundation. In particular, they have proposed the candidacy of Jan Egeland, Secretary General of the Norwegian Refugee Council, as the chairman of the foundation and have drawn up an international shortlist of candidates for the board.

Author - Olena Madiak, 07/04/2023

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