It could take years for Russian assets seized by the United States to be permanently confiscated and sold to benefit the Ukrainian people. The Biden administration wants to speed up the process.
Todd Boehly, a part-owner of the Los Angeles Dodgers, leads a new ownership group that is set to buy the club from Roman Abramovich, a Russian oil oligarch, for more than $3 billion.
The American bank selling the English soccer team on behalf of its Russian owner could name its preferred suitor by the end of the week. But the drama isn’t over.
Roman Abramovich, sanctioned owner of the Chelsea Football Club, mysteriously showed up at the talks between Ukraine and Russia in Istanbul, and is said to be playing an unofficial role.