Treasury Secretary Janet Yellen said Russian billionaire Roman Abramovich 'could face sanctions,' despite his claims of being a peace-broker between Ukraine and Russia.
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Abramovich is racing to sell Chelsea for a reported $4 billion, which has come down to two leading bidding groups — one led by Los Angeles Dodgers co-owner and investor Todd Boehly and the other led by private-equity chiefs Josh Harris and David Blitzer. He is also trying to sell his London mansion. A property near Aspen, which remains in his name,Abramovich's two mega-yachts — Eclipse and Solaris — have sailed to Turkey, which has so far refused to sanction or freeze oligarch assets.
After buying Chelsea in 2003, he told the Financial Times that he had"no special relationship" with the Russian president.
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