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Roman Abramovich has broken his silence on the pain of being forced to sell Chelsea as a consequence of the ongoing Russia-Ukraine war.

Three years after the Russian billionaire was forced to cut ties with the Premier League club, the British government are still threatening to go to to court to ensure the proceeds reached victims of the conflict in Ukraine.

Abramovich was sanctioned in the wake of Russia’s invasion in 2022 and sold two-time Champions League winner Chelsea to a consortium fronted by Americans Todd Boehly and Clearlake Capital for £2.5 billion in May of that year.

In a new book, ‘Sanctioned: The Inside Story of the Sale of Chelsea FC’ the 58-year-old, who funded and presided over two decades of unprecedented success at Stamford Bridge, addresses the pain of effectively being ousted from his position.

When asked on Chelsea and the future, Abramovich said: ‘Perhaps one day there would be a situation where I could attend a match and say a proper goodbye, but nothing more than that.

‘I don’t have any interest in any role in a football club, certainly not a professional role.

‘There might be something where I could help with academies and youngsters, giving greater opportunities to people from difficult backgrounds, if there were an initiative that could make a difference.

‘But as for ownership or a professional role at a club, I am done with that in this lifetime.’

Abramovich said before the sale that net proceeds would go to a charitable foundation “for the benefit of all victims of the war in Ukraine.”

But the money remained frozen in a bank and the British government said it was still to make its way to those in need.

A joint statement by Treasury chief Rachel Reeves and Foreign Secretary David Lammy earliest this month confirmed the government was ready to mount legal action.

‘The government is determined to see the proceeds from the sale of Chelsea Football Club reach humanitarian causes in Ukraine, following Russia’s illegal full-scale invasion. We are deeply frustrated that it has not been possible to reach agreement on this with Mr Abramovich so far,’ they said.

‘While the door for negotiations will remain open, we are fully prepared to pursue this through the courts if required, to ensure people suffering in Ukraine can benefit from these proceeds as soon as possible.’

Abramovich was sanctioned when the British government targeted what then-Foreign Secretary Liz Truss described as ‘oligarchs and kleptocrats’ with close links to Russian President Vladimir Putin and ‘complicit in his aggression.’

The funds from the sale, however, still belong to Abramovich even though they are frozen. They cannot be used or moved without the issue of a licence from the Office of Financial Sanctions Implementation.

In the soon to be released book, Abramovich also said he would not allow himself to be distracted by the accusations towards him

‘There is an old Russian saying, ‘The dogs bark but the caravan keeps moving,’ and that fits here,’ he also told the book’s author, Nick Purewal. 

‘Whatever I do, people will always accuse me of some kind of agenda. In the end, I have done what I have done simply to try to help.’

Arsenal have agreed a new transfer fee to sign Spain midfielder Martin Zubimendi ahead of Real Madrid, according to reports.

Mikel Arteta has made Zubimendi, 26, one of his top transfer targets this summer.

The Real Sociedad star came close to joining Arsenal’s Premier League rivals Liverpool last year but ended up rejecting the move.

Arsenal began working on a deal for Zubimendi earlier in the year and were believed to be leading the race for his signature.

But Real Madrid have continued to express interest in the Spaniard and recent reports claimed Xabi Alonso was planning a ‘final offensive’ to beat Arsenal to a deal.

Alonso is a known admirer of Zubimendi and reportedly wants to bring him to the Bernabeu as one of his first Real Madrid signings.

The issue for Arsenal is that reports in Spain claim Zubimendi is in fact considering snubbing the Gunners in favour of a move to Madrid.

Zubimendi is said to be keen to remain in Spain and has always dreamed of playing for Los Blancos. He also has a healthy relationship with Alonso, who previously managed Real Sociedad B.

But The Athletic say Arsenal still expect to welcome Zubimendi to the Emirates Stadium this summer and regard the deal as being ‘done and signed’.

Zubimendi is therefore expected to link up with Arteta’s squad for pre-season and the delay is only due to Real Sociedad’s preference for the transfer to be ratified in July for accounting purposes.

The midfielder has a release clause worth £51m but it is claimed Arsenal have agreed to pay even more – £55m – in order to pay for the deal in instalments rather than a lump sum.

Why Arsenal want Martin Zubimendi

Zubimendi has made 236 appearances for boyhood club Real Sociedad and established himself as one of the best midfielders in La Liga over the past three seasons.

He is also a key player for Spain, helping Luis de la Fuente’s side become European champions last summer and reach the recent Nations League final.

Zubimendi scored Spain’s opener in Sunday’s final but Portugal twice came from behind to force penalties and triumphed in the shootout.

Arteta is desperate to bring Zubimendi to north London after Jorginho left the club to return to Brazil, while Thomas Partey could also be heading for the exit door.

Partey is open to staying at Arsenal but is yet to sign a new deal – his current contract expires in a matter of weeks – and has attracted interest from several European clubs.

Zubimendi’s arrival will give £105m signing Declan Rice a freer role in the Arsenal team and push him further up the pitch alongside Gunners captain Martin Odegaard.

While chasing Zubimendi, Arsenal are also targeting a new striker and have expressed interest in big-money deals for Benjamin Sesko and Viktor Gyokeres.

For more stories like this, check our sport page.

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