UK prefers negotiated settlement with Abramovich over frozen Chelsea sale funds
March 20 – The UK government has opened the door to talks with Roman Abramovich, offering fresh negotiations over the £2.35 billion of frozen fund generated from the sale of Chelsea, despite threatening the Russian with legal action just days ago.
Treasury officials have reportedly approached Abramovich’s representatives via lawyers in an attempt to break the ongoing deadlock, but the initial feeling is that both sides are keen to stick to their guns.
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