UK prepares to sue Abramovich over £2.4bn proceeds of Chelsea FC sale

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Russian billionaire accused of missing ‘last chance’ to release money to help victims of Ukraine war

UK officials are preparing for a possible court case against Roman Abramovich after he missed a deadline to release £2.4bn he raised from selling Chelsea FC.

The Russian billionaire failed to hand over the money by the deadline of 17 March, amid a dispute over how it will eventually be used.

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