WW3 -All Russia / Ukraine stuff here please-

Unfortunately the natural progression of war is progressive escalation unless both sides shows some basic value to human life. The Russian hierarchy show no such compassion so IMO escalation is to be expected unless nations like China start putting on pressure: it's very regretful that India has chosen to put business interests to the fore.

I fear its going to get significantly worse before any solution shows on the horizon.
 
If Abromovich sells Chelsea, who gets the sales proceeds money ?
Also, who is paying the parking and harbour fees for the aircraft and boats that are impounded ?
 
If Abromovich sells Chelsea, who gets the sales proceeds money ?
Also, who is paying the parking and harbour fees for the aircraft and boats that are impounded ?
Taken from the Independent online:
Any money from the sale of Chelsea would either be frozen by the Government or can be channeled into a charity. The process will be closely monitored by government officials, who will require guarantees of where charitable donations go before signing off on any sale.

That is a lot of money sat somewhere treading water

https://www.cnbc.com/2022/03/09/rus...his-is-what-happens-after-theyre-seized-.html

It's a murky one. If the oligarchs wont pay, from the sounds of it it makes sense to to make sure the boats don't deteriorate, then govts will have to cough up, hoping they will get it back either from the oligarch when unfrozen, or through the sale of the boat if ultimately seized.

It is these sorts of details which I find very interesting, the practical things.
 
Taken from the Independent online:
Any money from the sale of Chelsea would either be frozen by the Government or can be channeled into a charity. The process will be closely monitored by government officials, who will require guarantees of where charitable donations go before signing off on any sale.

That is a lot of money sat somewhere treading water

https://www.cnbc.com/2022/03/09/rus...his-is-what-happens-after-theyre-seized-.html

It's a murky one. If the oligarchs wont pay, from the sounds of it it makes sense to to make sure the boats don't deteriorate, then govts will have to cough up, hoping they will get it back either from the oligarch when unfrozen, or through the sale of the boat if ultimately seized.

It is these sorts of details which I find very interesting, the practical things.

Guessing not difficult for each national court to put a lien on the frozen or seized assets with a release fee.
 
If Abromovich sells Chelsea, who gets the sales proceeds money ?
Also, who is paying the parking and harbour fees for the aircraft and boats that are impounded ?
Proceeds of sale would simply be held as per any assets already held.
Surely storage fees are the responsibility of whoever seized them to properly store and, in this case, is just a necessary cost (or overhead) of 'government'. Magnified by this particular crisis, but no different to stuff seized and held by Customs.
 
Russia have scored the biggest own goal in history.

They've been battered in 4 weeks by a weaker force and are now on the turn. Any threat of Russian invasion in Europe has gone.

The hardware losses they've faced and the losses in men are astonishing. They're no longer a superpower and NATO should take the chance to destroy Putin while they can.
 
Russia have scored the biggest own goal in history.

They've been battered in 4 weeks by a weaker force and are now on the turn. Any threat of Russian invasion in Europe has gone.

The hardware losses they've faced and the losses in men are astonishing. They're no longer a superpower and NATO should take the chance to destroy Putin while they can.
I'll have some of whatever you are on please!
 
One month today ☹
I was thinking the other day how without meaning to the situation can become 'normalised' and you can become desensitised to the news each day.

I've sometimes gazed out the window trying to imagine rockets flying over head, tanks coming along the road.
It's hard to make sense of.

Sorry just a bit of a ramble. Helps appreciate what we have.
 
One month today ☹
I was thinking the other day how without meaning to the situation can become 'normalised' and you can become desensitised to the news each day.

I've sometimes gazed out the window trying to imagine rockets flying over head, tanks coming along the road.
It's hard to make sense of.

Sorry just a bit of a ramble. Helps appreciate what we have.
Yes. It felt weird watching the news yesterday, when the opening headline related to cash in our pockets rather than the Russian invasion of Ukraine.
I hate the idea that after a few weeks the world gets fatigued with the news and stops paying attention while the atrocities continue.
 
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