Episode 10: Sanctioned: The Inside Story of the Sale of Chelsea Football Club
Over two billion pounds from the sale of Chelsea FC languishes frozen in a UK bank account. Why is that, and what happens next?
Nick Purewal, news and sports journalist, and author of ‘Sanctioned: The Inside Story of the Sale of Chelsea FC’, joins host Tom Keatinge to explore the sanctioning of Roman Abramovich by the UK following Russia’s full-scale invasion of Ukraine, and the consequences for one of England’s biggest football clubs and two decades of investment in south west London.
Differences in opinion – and legal drafting – mean that despite rising rhetoric from the UK government, the net proceeds of the sale remain frozen and in limbo in a UK bank account.
Podcast series
Suspicious Transaction Report
This podcast explores the financial dimensions of today’s leading transnational security challenges. Host Tom Keatinge and the team from the Centre for Finance and Security at RUSI bring you unique insights on the challenges posed by illicit finance and practical analysis of the policy responses. They interview top thinkers and influential voices who unpack the complex world of money laundering, corruption, sanctions evasion and illicit flows, and explain how this shapes the evolving global security landscape, and what democracies and international institutions must do to stay ahead when it comes to the financial dimensions of the global threat outlook.
View the podcast series
HOST
Tom Keatinge
Director, CFS
Centre for Finance and Security
