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answer › question first answered	2022-06-27T11:26:56.497Z
min answer › date of answer	2018-11-19
house id	1
answering body	Department for Digital%2C Culture%2C Media and Sport
min answer › question first answered	2021-12-14T09:32:37.33Z

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1472258

registered interest

date

21/06/2022

answering body

Department for Digital, Culture, Media and Sport

answering dept id

answering dept short name

Digital, Culture, Media and Sport

answering dept sort name

Digital, Culture, Media and Sport

hansard heading

Chelsea Football Club: Sales

house id

legislature

25259

pref label	House of Commons

question text

To ask the Secretary of State for Digital, Culture, Media and Sport, what progress has been made on the sale of Chelsea Football Club; and whether the Government will consult on that sale with (a) Ukrainian and (b) other international civil society groups.

tabling member constituency

Manchester, Gorton

tabling member printed

Afzal Khan

uin

22523

answer

is ministerial correction

date of answer

27/06/2022

answer text

On 24 May the Office of Financial Sanctions Implementation (OFSI) issued a licence to Chelsea Football Club to allow the sale of Chelsea FC PLC. We have worked in coordination with international partners to ensure that relevant licences from other jurisdictions have also been issued.The Club has now transferred ownership to the Boehly-Clearlake consortium. This means that the Club is no longer subject to sanctions.The proceeds are being held in a frozen account and any onward transfer requires a further Government licence to enable that to happen. Abramovich cannot access those funds without a Government licence.Abramovich has made a number of public statements regarding his intention to transfer the proceeds to the victims of the war in Ukraine. We have agreed a Deed of Undertaking in which he commits the proceeds to a charity in a jurisdiction agreed by the Government for the purposes of helping victims of the war in Ukraine. Any future movement of the sale revenue will be assessed in line with sanctions obligations and the position outlined in the Deed.

answering member constituency

Mid Worcestershire

answering member printed

Nigel Huddleston

question first answered

27/06/2022 11:26:56

answering member

4407

label	Biography information for Nigel Huddleston

tabling member

4671

label	Biography information for Afzal Khan