Posted 11/27/2023, 5:42:00 PM
Cameron Faces Calls to Release Frozen Chelsea Sale Funds for Ukraine Aid
- Lord Cameron faces pressure to release £2.34bn in funds from the sale of Chelsea FC, which have been frozen for over 18 months due to issues with the EU
- The funds were originally promised by Roman Abramovich to help victims of the Ukraine war, but bureaucratic issues have prevented their release
- Charities and advocates are urging Cameron to withdraw from the agreement with the EU in order to free up the funds for humanitarian aid
- There is debate over whether the funds should go solely to Ukraine or more broadly to other regions impacted by the war
- The UK government insists the original agreement was for the money to be spent exclusively inside Ukraine, but Cameron's appointment has renewed efforts to widen distribution