Yanis Varoufakis, a former finance minister of Greece, is leader of the MeRA25 party and professor of economics at the University of Athens
No sooner had Roman Abramovich, newly targeted by the UK’s sanctions on Russian oligarchs, announced that he was selling Chelsea Football Club than the feeding frenzy began. An athletics icon, City grandees and even a respected Times columnist, each representing different American multi-billionaires, descended on London in a race to buy the club. Meanwhile, a host of London properties belonging to Russian oligarchs entered a long-overdue process of liquidation. What took so long?