Jersey has frozen over $7 billion of assets linked to Chelsea Football Club owner Roman Abramovich.

The Royal Court of Jersey issued the formal freezing order on 12 April, known as a saisie judiciaire, over the assets. At the same time, search warrants were executed by the States of Jersey Police at premises in Jersey suspected to be connected to the business activities of Mr Abramovich.

Mr Abramovich’s strong links to Jersey date back to 2018, when he was granted resi...