Beautiful Virgin Islands

Tuesday, Jun 03, 2025

Roman Abramovich terrified of being sanctioned and is selling property, says MP

Roman Abramovich terrified of being sanctioned and is selling property, says MP

Chelsea owner Roman Abramovich is ‘terrified of being sanctioned’ by the UK Government and is selling his property, according to Labour MP Chris Bryant.

Last week, Bryant called on the Government to seize the Russian-born billionaire’s assets, including Chelsea which he has owned since 2003, as part of its sanctions against Russia.

Abramovich, who strongly denies any link with Russia president Vladimir Putin, announced over the weekend that he is giving up his ‘stewardship and care’ of Chelsea, although the inner workings of the club are set to remain unchanged following the 55-year-old’s decision and he still remains the owner.

Meanwhile, Uzbekistan-born billionaire Alisher Usmanov, who has links with Everton, has had his assets frozen as part of sanctions by the European Union.

And Bryant has urged the UK Government to speed up its process of putting sanctions in place.

‘I think we need to stand united, end of,’ Bryant said in the House of Commons on Tuesday afternoon.

Labour MP Chris Bryant is calling on the UK Government to seize Roman Abramovich’s assets


‘But the Government has said that it wants to, quite rightly, to sanction Duma members and it wants to sanction members of the Russian Federation Council but it’s not been able to do so yet.

‘Alisher Usmanov has already been sanctioned by the EU but not yet by the UK, but I suspect he’ll be pretty soon on a UK list and Everton should certainly be cutting ties with him already.

‘Roman Abramovich, well, I think he’s terrified of being sanctioned, which is why he’s already going to sell his home tomorrow, and sell another flat as well.

Alisher Usmanov, who has links with Everton, has been sanctioned by the EU


‘My anxiety is that we’re taking too long about these things.’

Home Secretary Priti Patel replied: ‘His points are absolutely valid, it is taking time, there are lots of legal reasons, and he will be aware of that and memebers of the House will know this as well.

‘I don’t want to cut across the work that the FCG are doing on this right now but there is a lot of detailed work taking place on sanctions, and much of that is coming to the House pretty soon.’

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
German Chancellor Merz Keeps Putin Guessing on Missile Strategy
Mandelson Criticizes UK's 'Fetish' for Abandoning EU Regulations
British Fishing Boat Owner Fined €30,000 by French Authorities
Dutch government falls as far-right leader Wilders quits coalition
Harvard Urges US to Unfreeze Funds for Public Health Research
Businessman Mauled by Lion at Luxury Namibian Lodge
Researchers Consider New Destinations Beyond the U.S.
53-Year-Old Doctor Claims Biological Age of 23
Trump Struggles to Secure Trade Deals With China and Europe
Russia to Return 6,000 Corpses Under Ukraine Prisoner Swap Deal
Microsoft Lays Off Hundreds More Amid Restructuring
Harvey Weinstein’s Publicist Embraces Notoriety
Macron and Meloni Seek Unity Despite Tensions
Trump Administration Accused of Obstructing Deportation Cases
Newark Mayor Sues Over Arrest at Immigration Facility
Center-Left Candidate Projected to Win South Korean Presidency
Trump’s Tariffs Predicted to Stall Global Economic Growth
South Korea’s President-Elect Expected to Take Softer Line on Trump and North Korea
Trump’s China Strategy Remains a Geopolitical Puzzle
Ukraine Executes Long-Range Drone Strikes on Russian Airbases
Conservative Karol Nawrocki wins Poland’s presidential election
Study Identifies Potential Radicalization Risk Among Over One Million Muslims in Germany
Good news: Annalena Baerbock Elected President of the UN General Assembly
Apple Appeals EU Law Over User Data Sharing Requirements
South Africa: "First Black Bank" Collapses after Being Looted by Owners
Poland will now withdraw from the EU migration pact after pro-Trump nationalist wins Election
"That's Disgusting, Don’t Say It Again": The Trump Joke That Made the President Boil
Trump Cancels NASA Nominee Over Democratic Donations
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
U.S. Justice Department Reduces American Bar Association's Role in Judicial Nominations
×