Chelsea Sale Funds Under Scrutiny: Abramovich’s Proceeds of Crime Investigation
An investigation is underway in Jersey to determine if the £2.4 billion raised from Roman Abramovich’s sale of Chelsea FC constitutes proceeds of crime. This complicates a dispute with the UK government over how the funds should be used, as Abramovich seeks to reclaim the money despite sanctions. The probe focuses on the origins of Abramovich’s wealth and the complex financial arrangements used to fund Chelsea.