Roman Abramovich facing sanctions as UK adds Chelsea owner to Putin oligarchs hit list March 10, 2022 Chelsea owner Roman Abramovich has been added to the UK’s sanctions list, Culture Secretary Nadine Dorries said. She said Vladimir Putin’s attacks on Ukraine involved “new levels of evil by the hour” and the Government had announced further sanctions “against individuals linked to the Russian Government”. “This list includes Roman Abramovich, the owner of Chelsea [...]
Saudi Arabia’s PIF and Amanda Staveley should have waited to buy Chelsea instead March 10, 2022 I can’t help thinking that Amanda Staveley and her consortium have bought the wrong football club. Had they waited just five months they could have had Chelsea FC rather than Newcastle United. A mooted £3bn price tag may be 10 times the price paid for the Magpies, but still well within the means of Saudi [...]
From Abramovich to the Saudis: Football clubs have become the laundry for muddy reputations March 4, 2022 In 2003, Roman Abramovich bought Chelsea Football Club. In the years thereafter, a perennial underachiever became one of the most successful clubs in English football, a five-times Premier League champion and twice winner of the Champions League, the pinnacle of European football. Today, they are the reigning European and world club champions. Results on the [...]
Abramovich sale of Chelsea could take place next week, says Premier League March 3, 2022 The Premier League has welcomed Roman Abramovich’s decision to sell Chelsea and indicated that a takeover could be completed as soon as next week. Chief executive Richard Masters called it the “right solution because the position was unsustainable” given Russia’s invasion of Ukraine. “It’s the right decision. The situation escalated incredibly quickly,” Masters told the [...]
Chelsea: Abramovich confirms London club is up for sale March 2, 2022 Chelsea owner Roman Abramovich has tonight confirmed that his club is up for sale with the net proceeds going to help Ukrainian war victims. The Premier League club owner confirmed the news in a statement on the club’s website and says the decision “is in the best interest of the club”. In a statement, he [...]
Clock ticking on Roman Abramovich after he puts Chelsea up for sale March 2, 2022 Chelsea owner Roman Abramovich has put the Premier League club up for sale – but faces a race against time to find a buyer amid the continued threat of sanctions. Abramovich has hired US bank the Raine Group to advise on a deal and is believed to want £3bn for the reigning European champions, who [...]
Swiss billionaire receives offer to buy Chelsea as Roman Abramovich is pushed to sell Stamford Bridge club quickly March 2, 2022 A Swiss billionaire has been approached to buy Chelsea football club, according to various reports this morning. 86-year-old Hansjorg Wyss reportedly confirmed he is interested in purchasing the Stamford Bridge club from Roman Abramovich, but only in a consortium. Russian-Israeli billionaire Abramovich is understood to want to retain his ownership of Chelsea but that could [...]
Curse of Kepa returns to haunt Chelsea in Carabao Cup final defeat February 27, 2022 Future Chelsea managers could be forgiven for keeping Kepa Arrizabalaga well away from Carabao Cup finals. In 2019, the Spanish stopper refused to be substituted and could not prevent the Blues losing to Manchester City on penalties. Today at Wembley he was sent on solely for the shootout after a 0-0 draw, only to let [...]
Sport is guilty of shutting its eyes to Russia’s geopolitical ambitions February 27, 2022 Roman Abramovich’s near 20-year ownership of Premier League club Chelsea has been shrouded in mystery and therefore subject to constant scrutiny and speculation. Indeed, until the weekend, it remained unclear why he is there and what he is seeking to achieve. The oligarch has denied having direct links with Vladimir Putin but has been seen [...]
Chelsea facing calls to clarify Roman Abramovich role February 27, 2022 Chelsea are facing calls to publicly clarify Roman Abramovich’s role after he said he had handed the club’s “stewardship and care” to trustees of its charitable foundation. Ministers have been urged to seize billionaire Abramovich’s assets on the basis of his links to the Russian state in the wake of the country’s invasion of Ukraine. [...]