Despite his £5.5B Net Wealth, Roman Abramovich ‘asks rich acquaintances for £1 million’ to Stay Afloat.

Despite his £5.5B Net Wealth, Roman Abramovich ‘asks rich acquaintances for £1 million’ to Stay Afloat.

Back to football news
07 Apr 2022
--- views
Nick
Roman Abramovich

Following Russia’s invasion of Ukraine, the UK government placed a freeze on the assets of Chelsea owner Roman Abramovich as part of a crackdown on London-based oligarchs.

The UK government placed a freeze on the 55-year-old oligarch’s assets in March as part of a crackdown on Vladimir Putin’s allies following the invasion of Ukraine. Despite adamantly denying that he has intimate ties to Russian President Vladimir Putin, Abramovich, who has owned Chelsea since 2003, was put on a list of UK-based Russian persons to be sanctioned.

The Premier League has since suspended him as a director, and Chelsea has been compelled to operate under a stringent operating license that ensures Abramovich will not get any financial compensation from the Premier League club. Abramovich had put the club up for sale before being sanctioned, with a preferred bidder set to be revealed in the coming weeks.

However, Abramovich would not receive any of the proceeds from the sale, which might reach £3 billion, under the current operating license. According to reports, Abramovich has approached some of his associates for loans of roughly £1 million apiece, with his money frozen and weekly bills of £600,000 to pay his workers.

According to the article, Brett Ratner, the director of Hollywood blockbusters such as Rush Hour and X-Men: The Last Stand, is one of the people on his contact list, which also includes acquaintances from Wall Street and the IT sector.

He is also claimed to have approached the Rothschild family, however no one has agreed to lend him the money as of yet. With Abramovich facing sanctions from several nations throughout the world, it’s unclear whether anyone who lends him money will suffer consequences. According to Forbes, he has lost more than £5 billion in personal fortune since the invasion began, yet his net worth is believed to be at £5.5 billion.

Abramovich was a member of the Russian team during last week’s peace negotiations in Istanbul, and is claimed to be striving to resolve the conflict, which began in late February. Tayyip Erdogan, the Turkish president, claimed his attendance at the talks shown that Putin “believes and trusts him.”

 

  • Roman Abramovich
  • Livescore (livescore)
  • Match highlights

Subscribe and receive the latest news

Facebook Twitter
Card image
Goal Post

REVIEW MW 25 | Champions League Spot Slip Away | English Premier League 21/22 | THE GOAL POST

Justin is back with another review of the Premier League. In this video, he will review the games of Premier League 25.   Tottenham V Wolves It was a game where Conte was not happy. As you may already know, Tottenham lost the game against Wolves. The team was playing at the home stadium and

15 Feb 2022
--- views
Card image
OFF THE PITCH

UNLUCKY ROONEY, JDT Collab With Aston Martin & Many More! | OFF THE PITCH

Dana is back with a new episode of the “Off the pitch”. She will review the latest rumors in European football. Varane’s departure from Real Madrid  Varane is departing from Real Madrid and he is going to Manchester United and Real Madrid is going to have it tough without him, Varane was and still for

29 Jul 2021
--- views