Fordstam Limited, a company owned by Roman Abramovich and the former parent company of Chelsea FC, is just over one month away from being struck off the Registrar of Companies and dissolved, unless, their accounts are filed or a confirmation statement is produced. Fordstam received the strik-off notice on June 6.
The First Gazette Notice said: «The Registrar of Companies gives notice that unless cause is shown to the contrary, the Company will be struck off the register and dissolve not less than two months from the date shown above. Upon the Company's dissolution, all property and rights vested in, or held in trust for, the Company are deemed to be bona vacantia, and will belong to the Crown.»
Fordstam was hit when sanctions were placed on Roman Abramovich in March 2022. The company, whose registered address remains at Stamford Bridge, last filed accounts in 2021 but ahead of Chelsea's takeover by Todd Boehly and Clearlake Capital in May 2022 provided information to the registrar with no filings since.
A frozen Fordstam account is said to hold £2.35billion from Chelsea's takeover fee that was designated to set up a foundation to support victims of the war in Ukraine. The funds were placed in a frozen bank account to ensure Abrmovich did not receive any proceeds from the sale.
However, that has led to a great deal of frustration, with CEO of the foundation, and former Unicef UK chief executive Mike Penrose making a plea to the United Kingdom government to ease the restrictions in place.
Penrose wrote in a column for The Times’ Red Box newsletter: “All we are asking the government to do is release the funds to us, without applying political conditions that would limit our ability to help all Ukrainians, the communities and
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