As Russia’s military interventions and occupation of Ukraine continued, governments and companies from all over the world responded to these developments with various sanctions. While the US and European governments were trying to ‘injure’ the country’s economy by imposing economic sanctions on Russia, various steps such as ‘stopping sales’ started to come from many companies one after the other.
Sanctions against Russia also affect business people. Roman Abramovich, one of the business people affected by this situation, confirmed the news that he will sell the famous English football club Chelsea, which he owns. Abramovich also explained what he would do with the proceeds from the sale.
Proceeds of the sale will be donated ‘for the benefit of the Ukrainian war victims’
The Russian business person is in danger of losing his fortune due to the UK government’s sanctions against Russia. There are also some sanctions against Abramovich’s assets and business. Making a statement while all these developments were going on, Abramovich stated that the news that he would sell all his assets in the country and his shares in Chelsea was true.
Abramovich said in his statement: “I have decided to sell the club because I believe it is in the current situation, in the interest of the club, the fans, the staff, the club’s sponsors and partners.” The businessman also announced that he instructed the establishment of a foundation to which the proceeds from the sale would be donated, and said, “The foundation will benefit all victims of the war in Ukraine.”
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