Chelsea FC plot twist, as Roman Abramovich breaks his silence

Published

4 years ago

May 6, 2022

Former Chelsea FC boss Roman Abramovich has fought back at claims he wants his $2.8BN loans repaid when the club is sold

Roman Abramovich has broken his silence on rumours swirling about the sale of Chelsea Football Club. Abramovich put the club up for sale, amid Russia’s invasion of Ukraine.

However, there were fears he wants the profits of the sale back, but Abramovich has confirmed this isn’t the case.

He insists he doesn’t want money back and the proceeds with “go to good causes”

“This has never been about business nor money for me but about pure passion for the game and the club.”
statement Roman abramovich

This comes despite earlier rumours he wanted his $2.8 million loans repaid as part of the sale.

The Russia Oligarch quickly put the club up for grabs, amid Russia’s invasion of Ukraine.

He was then later sanctioned by the United Kingdom Government along with a long list of other Russian elite living abroad.

Bidders are vying to get their hands on the renowned club, with the final sale to be announced on May 31.

However, the UK Government is standing firm that Abramovich will be banned from profiting from the sale of the club.

Instead, the money will likely go to victims of the war in Ukraine.

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Iran live updates: Airlines face disruptions that surpass previous Middle East conflicts

Published

11 hours ago

March 3, 2026

Ahron Young

What’s happening in the Middle East?

Trump says U.S. strikes could last four to five weeks and described the operation as the last best chance to act, while Secretary of State Marco Rubio warns the hardest hits are yet to come
Six U.S. service members have been killed, additional American forces are being deployed to the region, and the White House says nine Iranian naval ships have been destroyed
Iran says it sees no limit to its right to self defence and will not negotiate, as missile and drone attacks continue across Israel, Lebanon and Gulf states
More than 500 Iranians have been killed in U.S. and Israeli strikes, with further deaths reported in Lebanon, Israel and the UAE
Shipping, aviation and energy markets have been severely disrupted, more than 11,000 flights have been cancelled, Gulf stock markets have closed temporarily, and oil and gas prices have surged amid Strait of Hormuz fears

Oil prices surge amid rising Middle East conflict risks

Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.

Published

12 hours ago

March 3, 2026

Harvey Vargas

Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.

Crude oil prices spiked dramatically as investors react to the growing risk of a wider conflict in the Middle East. U.S. crude surged 7.2 percent, trading near $71.84 a barrel, signalling heightened concern across energy markets.

The Strait of Hormuz, a critical shipping chokepoint, has come under intense scrutiny. Rising war-risk insurance premiums and suspended tanker traffic are already slowing the movement of oil, creating ripple effects in global supply chains.

JPMorgan has warned that prolonged disruptions over three weeks could force Gulf producers to reduce output, potentially pushing Brent crude prices to between $100 and $120 a barrel. Markets are closely watching for developments that could reshape global energy pricing.

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News

Trump warns of last opportunity to hit Iran as conflict escalates

Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.

Published

12 hours ago

March 3, 2026

Harvey Vargas

Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.

President Trump has declared this is the final opportunity to strike Iran as conflict intensifies across the Middle East, outlining four key military objectives including dismantling Iran’s missile capabilities and targeting its navy.

The U.S. says its mission is to prevent Iran from acquiring a nuclear weapon and to halt its alleged support for terrorist groups abroad, signalling a potentially prolonged campaign in the region.

Four U.S. troops have already been killed, with officials warning further casualties are possible as operations continue.

#Trump #Iran #MiddleEast

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