Archive for the 'Roman Abramovich' Category

February 13th, 2009

Chelsea Announce 65.7 Million Pound Loss

If you ever wondered how much it cost Chelsea in severance packages when Jose Mourinho and Avram Grant (and don't forget their staff as well) were fired, now you have the opportunity as Chelsea have announced a 65.7 Million Pound loss for the business year ending June 30, 2008. (more...)
December 30th, 2008

Abramovich Decision Time: Chelsea, The Yacht or Latvia?

First, he cancelled his NYE party in Aspen. Now there are rumors Abramovich may be contemplating selling either Chelsea FC or his yacht, "Polaris".  And then comes this; a group of Latvians are offering their entire country up for $10.7 billion, with "plenty of space to dock your yacht". Luxist reports..
November 1st, 2008

Abramovich Slashes Scouting Network

It didn't matter the Chelsea dropped 5 on Roy Keane's Sunderland side this morning as Roman Abramovich made it clear that his aim of balancing Chelsea's books by 2010 was still on the forefront. Via the DailyMail A Chelsea spokesman confirmed that the Stamford Bridge club had reduced their worldwide scouting group from 25 to just 10, adding: 'We ...
October 31st, 2008

Chelsea Just A Hobby For Abramovich Says Judge

UK High Court Judge Mr. Justice Christopher Clarke has claimed that Russian Billionaire Roman Abramovich's ownership in Chelsea is just a "hobby and leisure interest" during his courts initial hearing of a case brought against Abramovich by Yugraneft, a bankrupt Russian Oil Company that is claiming it was defrauded out of a 50% Siberian Oil Field ...
October 10th, 2008

Roman Abramovich Loses $20 Billion!

We have posted a lot on here about Roman Abramovich and how he likes to spend his money. From football, to art, real estate to mega yachts, Abramovich knows how to spend some serious scratch.  Looks like some of his free spending ways might start to slow though with reports that the gloabl economic crisis has wiped $20 billion from his personal net ...
October 6th, 2008

Abramovich’s $350 Million Megayacht to Install Missile Defense System

Chelsea owner Roman Abramovich's new yacht, The Eclipse, will soon be the world's largest when completed (at 555 feet, 2/3rds the length of the Titanic) and will cost $350 million dollars. The Eclipse will also come with a military grade anti-ballistic missile defense system and armor plating surrounding the bridge and Abramovich's master suite, as ...
October 6th, 2008

Business Week: 25 Most Powerful Global Sports Figures

Numero uno is FIFA's president Joseph Blatter, and they give a great quote from Sepp: "FIFA is like the United Nations but it has more members and is more powerful" Six of the top ten most powerful global figures have soccer ties including Becks clocking in at No. 5, Roman Abramovic at No. 6, and Cristiano at 7. Herbert Hanier the president of Adidas ...
September 11th, 2008

Roman Abramovich Is Rich And Powerful

  With all the money and hype surrounding Man City's new owners, and the potential of Sheikh Mohammed to drop some serious cash to get a hold of Liverpool, let's not forget the Premier League's Original Billionaire / Oil Tycoon...Mr. Roman Abramovich.  The latest Vanity Fair has their annual Top 100 list, aka The New Establishment, aka the world's ...