The Government has threatened legal action against former Chelsea owner Roman Abramovich to release £2.5 billion of funds from the sale of the club to help victims of the Ukraine war.Chancellor Rachel Reeves and foreign secretary David Lammy said they were "frustrated" by the failure to reach agreement with Abramovich on the frozen proceeds of the sale.The London club was sold in May 2022 after Abramovich was among the high-profile Russian oligarchs sanctioned following Vladimir Putin's invasion

The Government has threatened legal action against former Chelsea owner Roman Abramovich to release £2.5 billion of funds from the sale of the club to help victims of the Ukraine war.Chancellor Rachel Reeves and foreign secretary David Lammy said they were "frustrated" by the failure to reach agreement with Abramovich on the frozen proceeds of the sale.The London club was sold in May 2022 after Abramovich was among the high-profile Russian oligarchs sanctioned following Vladimir Putin's invasion of Ukraine.