BREAKING: The UK government is preparing legal action against Roman Abramovich over the £2.5bn.

BREAKING: The UK government is preparing legal action against Roman Abramovich over the £2.5bn from the sale of Chelsea.

Officials say Abramovich has failed to honour his commitment to release the funds for charitable causes. After giving him a final opportunity to comply, authorities are now moving to enforce the agreement through the courts.

(@RobHarris)