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£2.5bn Chelsea fund could help children globally if Ed Miliband secures its release | Letters

George Graham of Save the Children UK says the government has a clear opportunity to act and ensure that victims of conflict are helpedAmid allegations about advisers dealing with Roman Abramovich’s business affairs (Roman Abramovich aides falsified paperwork to disguise…

By Guardian Staff · The Guardian

Published: Sunday, 18 October 2026 at 4:18 PM

Key Things to Know

George Graham argues the UK government should secure the release of £2.5bn from Chelsea's sale.
The funds have remained frozen in a Barclays bank account since May 2022.
Graham suggests broadening the licence beyond Ukraine could resolve the deadlock with Roman Abramovich.

The Story in 60 Seconds

In a letter to The Guardian, Save the Children UK's George Graham urges the UK government to unlock the frozen £2.5bn from the sale of Chelsea FC. The proceeds have remained in a Barclays bank account since May 2022, having originally been pledged to support victims of the conflict in Ukraine.

Graham argues that granting a broader licence allowing aid distribution beyond Ukraine could end the prolonged deadlock with Roman Abramovich. He highlights that even releasing the accumulated interest alone would provide vital, life-saving assistance amid escalating global humanitarian crises.

Read the full article on The Guardian

£2.5bn Chelsea fund could help children globally if Ed Miliband secures its release | Letters

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