May 13, 2022
Charity campaigners criticise lack of transparency over Chelsea FC donation
Campaigners have demanded "Maximum transparency" over the UK's handling of £2.5bn earmarked for charity from the sale of Chelsea Football Club, as they are increasingly concerned about Roman Abramovich's influence over the process. Chelsea said in a statement last week that the £2.5bn sum would be deposited into a "Frozen UK bank account with the intention to donate 100 per cent to charitable causes", adding that the proceeds could not be transferred without UK government approval. While the government has stressed Abramovich should not benefit from the funds, critics have hit out at the lack of transparency around the process. Chelsea's statement said Abramovich's team had appointed a "Lead independent expert" who "Has had conversations with government representatives presenting the structure and initial plans". The UK's Charity Commission said it "Has not received any application to register a charity to receive the proceeds of the sale".
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