The frozen proceeds of Roman Abramovich’s sale of Chelsea are being investigated in Jersey over whether they “amount to the proceeds of crime”, according to accounts published by the company through which the Russian owned the football club. This relates to investigations into the sanctioned oligarch and is unconnected to the new owners who bought Chelsea in 2022 but further complicates moves to release the cash to help Ukrainians. Mr Abramovich, who has previously denied wrongdoing linked to his finances and close connections to President Vladimir Putin, was sanctioned by the UK and Jersey governments in 2022 at the start of Russia‘s full-scale invasion of Ukraine in a targeting of oligarchs. That led to the enforced sale of his Premier League asset and he has remained in dispute with UK governments over how much of the cash goes to humanitarian causes and who receives it. Image: File pic: PA Newly-published accounts published on Companies House by Fordstam Limited – Chelsea’s parent company in the Abramovich ownership era – show funds from the sale now stand …