queen Elizabeth Britain Russia reports prevention Ball queen Elizabeth Britain Russia

Roman Abramovich 'fails to pay £10,000 rent to Queen' for land his mansion is on

Reading now: 165
www.dailystar.co.uk

Chelsea owner Roman Abramovich is reportedly unable to pay the required £10,000 rent to Queen Elizabeth over the land where his mansion is built.The billionaire oligarch was hit with hefty sanctions by the UK government this week which saw his assets, including Chelsea football club, frozen for his alleged relationship with Vladimir Putin and the Kremlin.But the problems continue for the Russian businessman as he is allegedly unable to pay rent for the land belonging to the Queen on which his £107million mansion is located.According to the Wall Street Journal, Abramovich is therefore at risk of losing yet another sizeable asset on UK soil.Abramovich’s 15-room London home is within walking distance of Kensington Palace, home to Prince William.The oligarch is the owner of the stunning mega mansion, but owes the Queen a £10,000 yearly sum under a 125-year lease due to the land belonging to the Crown Estate.The sum will reportedly rise to £160,000-a-year at a later date.But while his enormous wealth previously meant the rent was a non-issue, sanctions preventing oligarch money being accepted has landed Abramovich in another sticky situation.Do you think the sanctions against Russian oligarchs will remain in the long-term?

Let us know in the comments section.Want to be on the ball with all of the latest football news?Well then sign up for the brilliant Daily Star football email newsletter!From the latest transfer news to the agenda-setting stories, get it all in your email inbox - don't miss a thing.It only takes a matter of seconds.Simply type your email address into the box at the top of this article and hit 'subscribe'.And that's it, job done.

Read more on dailystar.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA