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Abramovich's Position Over Sale Of Chelsea FC Remains "Unchanged"

(AFRICAN EXAMINER) - Billionaire Roman Abramovich says his position over the sale of Chelsea Football Club of England is unchanged and has denied asking for any loan to be repaid to him. Reports have suggested that the Russian-Israeli, who was sanctioned by the UK Government on March 10 following Russia’s invasion of Ukraine, could insist ....

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CNN Anderson Cooper 360 March 3, 2022 06:48:00

Incredibly difficult. in a statement, abramovich revealing he s not asking for any loans to be repaid and that, i have instructed my team to set up a charitable foundation where all net proceeds from the sale will be donated. the foundation will be for the benefit of all victims of the war in ukraine. this includes providing critical funds towards the urgent and immediate needs of victims as well as supporting the long-term work of recovery. since taking over, abramovich has absolutely transformed the fortunes of a club who s last top flight league title had come in 1955. amid lavish spending, though, twice champions of europe and their top flight title drought snapped after half a century. chelsea s women s team now the dominant force domestically. last year forbes saying chelsea was worth $3.2 billion. compare that to the $233 million paid almost two decades ago. ....

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