PanamaTimes

Monday, Jul 14, 2025

Roman Abramovich terrified of being sanctioned and is selling property, says MP

Roman Abramovich terrified of being sanctioned and is selling property, says MP

Chelsea owner Roman Abramovich is ‘terrified of being sanctioned’ by the UK Government and is selling his property, according to Labour MP Chris Bryant.

Last week, Bryant called on the Government to seize the Russian-born billionaire’s assets, including Chelsea which he has owned since 2003, as part of its sanctions against Russia.

Abramovich, who strongly denies any link with Russia president Vladimir Putin, announced over the weekend that he is giving up his ‘stewardship and care’ of Chelsea, although the inner workings of the club are set to remain unchanged following the 55-year-old’s decision and he still remains the owner.

Meanwhile, Uzbekistan-born billionaire Alisher Usmanov, who has links with Everton, has had his assets frozen as part of sanctions by the European Union.

And Bryant has urged the UK Government to speed up its process of putting sanctions in place.

‘I think we need to stand united, end of,’ Bryant said in the House of Commons on Tuesday afternoon.

Labour MP Chris Bryant is calling on the UK Government to seize Roman Abramovich’s assets


‘But the Government has said that it wants to, quite rightly, to sanction Duma members and it wants to sanction members of the Russian Federation Council but it’s not been able to do so yet.

‘Alisher Usmanov has already been sanctioned by the EU but not yet by the UK, but I suspect he’ll be pretty soon on a UK list and Everton should certainly be cutting ties with him already.

‘Roman Abramovich, well, I think he’s terrified of being sanctioned, which is why he’s already going to sell his home tomorrow, and sell another flat as well.

Alisher Usmanov, who has links with Everton, has been sanctioned by the EU


‘My anxiety is that we’re taking too long about these things.’

Home Secretary Priti Patel replied: ‘His points are absolutely valid, it is taking time, there are lots of legal reasons, and he will be aware of that and memebers of the House will know this as well.

‘I don’t want to cut across the work that the FCG are doing on this right now but there is a lot of detailed work taking place on sanctions, and much of that is coming to the House pretty soon.’

Comments

Buck Bim 3 year ago
What about his USD $600,000,000.00 ?Mia ?
Buck Bim 3 year ago
One time his wife rented a sandy lane room just to store her luggage! As she saw a dead cockroach in a villa and demanded to be moved and told them to keep the deposit of $100,000.00USD, these Elite are getting chopped down in the New World Order just To Make some others RICHER! LOL

Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
Biden’s Doctor Pleads the Fifth to Avoid Self-Incrimination on President’s Medical Fitness
US Imposes New Tariffs on Brazilian Exports Amid Political Tensions
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
AI Raises Alarms Over Long-Term Job Security
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
OpenAI Secures Multimillion-Dollar AI Contracts with Pentagon, India, and Grab
Brazilian Congress Rejects Lula's Proposed Tax Increase on Financial Transactions
Landslide in Bello, Colombia, Results in Multiple Casualties
Papa Johns pizza surge near the Pentagon tipped off social media before Trump's decisive Iran strike
Juncker Criticizes EU Inaction on Trump Tariffs
Minnesota Lawmaker Melissa Hortman and Husband Killed in Targeted Attack; Senator John Hoffman and Wife Injured
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Sole Survivor of Air India Crash Recounts Escape
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Protests Erupt in Los Angeles with Symbolic Flag Burning
Trump Administration Issues New Travel Ban Targeting 12 Countries
Man Group Mandates Full-Time Office Return for Quantitative Analysts
JPMorgan Warns Analysts Against Accepting Future-Dated Job Offers
Builder.ai Faces Legal Scrutiny Amid Financial Misreporting Allegations
Japan Grapples with Rice Shortage Amid Soaring Prices
Goldman Sachs Reduces Risk Exposure Amid Market Volatility
HSBC Chairman Mark Tucker to Return to AIA as Non-Executive Chair
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Judge Blocks Trump's Ban on International Students at Harvard
Trump Proposes Travel Ban on 'Uncontrolled' Countries
Panama Port Owner Balances US-China Pressures
Trump Administration Accused of Obstructing Deportation Cases
Trump’s China Strategy Remains a Geopolitical Puzzle
Eurozone Inflation Falls Below ECB Target to 1.9%
Call for a New Chapter in Globalisation Emerges
Blackstone and Rivals Diverge on Private Equity Strategy
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Bangkok Ranked World's Top City for Remote Work in 2025
Denmark Increases Retirement Age to 70, Setting a European Precedent
Netanyahu Accuses Western Leaders of 'Emboldening Hamas'
Escalating Trade Tensions and Market Reactions
OnlyFans Reportedly in Talks for $8 Billion Sale
JBS Gains Shareholder Approval for U.S. Stock Listing
Booz Allen Hamilton to Cut 2,500 Jobs Amid Federal Spending Reductions
Trump Signs Executive Orders to Accelerate Nuclear Energy Development
Harvard Temporarily Blocks Trump Administration's International Student Ban
Nippon Steel Forms Partnership with U.S. Steel, Headquarters to Remain in Pittsburgh
Trump Expands Tariff Threats to Apple and Samsung Devices
×