UK grants licence to transfer £2.5bn of frozen assets from sale of Chelsea FC to Ukraine

18 December 2025

UK grants licence to transfer £2.5bn of frozen assets from sale of Chelsea FC to UkraineSvet foto/Shutterstock.com

The UK Chancellor (Finance Minister) has made a written statement saying the Office of Financial Sanctions Implementation has issued a licence permitting the transfer of over £2.5 billion from the sale of Chelsea Football...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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