£2.5bn Chelsea fund could help children globally if Ed Miliband secures its release | Letters
18 Oct 2026, 10:05 PM

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

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Guard News
@guardnews
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 assets and dodge tax, records suggest, 12 October), another issue demands urgent government action – the £2.5bn from the sale of Chelsea FC, which has remained stuck in a Barclays bank account since May 2022.The money was originally pledged to help victims of the war in Ukraine, no matter where they are in the world. Yet for over four years this huge sum of money has sat in limbo, accruing interest while victims of conflict go without desperately needed support. At a time of global aid cuts, rising food insecurity and growing humanitarian needs, the £2.5bn could make a transformative difference to the children and families we serve around the world. Continue reading...
Source Credit: theguardian.com
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