News
Chelsea FC plot twist, as Roman Abramovich breaks his silence
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.
-
Leaders3 days agoASEAN: celebrating 40 years of friendship
-
Leaders2 days ago
A new business champion for Vietnam
-
News2 days ago
OpenAI prepares search software to rival Google
-
News2 days ago
President Biden threatens to cut off weapons supplies to Israel
-
Leaders1 day ago
Solving the ASEAN energy trilemma
-
Money3 days ago
Will Australia’s foreign investment rule create an economic boost?
-
News3 days ago
How Google’s Gemini AI will stand against cyber threats
-
News4 days ago
U.S.-India pharmaceutical trade partnership?
