Abramovich

Discussion in 'Bulletin Board' started by Watcher_Of_The_Skies, Feb 26, 2022.

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  1. Wat

    Watcher_Of_The_Skies Well-Known Member

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    Chelsea's Russian owner Roman Abramovich says he is "giving trustees of Chelsea's charitable foundation the stewardship and care" of the club.
     
    Watcher_Of_The_Skies, Feb 26, 2022
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  2. Redstone

    Redstone Well-Known Member

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    So does that mean he still owns the club but is attempting to protect it by putting under a trust?
     
    Redstone, Feb 26, 2022
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  3. e-red

    e-red Well-Known Member

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    Hands stewardship of Chelsea to the charitable trust. Isn’t Bournemouth also owned by an oligarch?
     
    e-red, Feb 26, 2022
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  4. Marc

    Marc Administrator Staff Member Admin

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    Wonder what’s behind that then?
     
    Marc, Feb 26, 2022
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  5. ley

    leythtyke Well-Known Member

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    Is there such a thing as “stewardship” in company ownership? Does it make any difference or is he just hoping to hide away and go unnoticed?
     
    leythtyke, Feb 26, 2022
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  6. pompey_red

    pompey_red Well-Known Member

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    a desire to protect his/the clubs money no doubt should we impose sanctions.
     
    pompey_red, Feb 26, 2022
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  7. Wat

    Watcher_Of_The_Skies Well-Known Member

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    From what I can see the Trust is a charity, so it can't be seized by UK Government. Since the club essentially owes him circa £2bn they'd be bankrupt if he had no control over its finances. I read he flew straight back to Russia on the night/morning of the invasion (someone tracked his private jet). It's not technically permanent from what I can see, but would he ever be allowed back in the UK?

    He most certainly was a Putin supporter back when he was stealing from the Russian people.
     
    Watcher_Of_The_Skies, Feb 26, 2022
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  8. Harry Hough

    Harry Hough Well-Known Member

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    He'll still be the owner in all but name.
     
    Harry Hough, Feb 26, 2022
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  9. Durkar Red

    Durkar Red Well-Known Member

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    Weren’t we in ‘stewardship’for a long time , with a Manchester solicitor
     
    Durkar Red, Feb 26, 2022
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  10. Harry Hough

    Harry Hough Well-Known Member

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    Abramovich was the first Russian Oligarch of 35 to be named using Parliamentary Privilege in the House of Commons.
     
    Harry Hough, Feb 26, 2022
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  11. Deafening Silence

    Deafening Silence Well-Known Member

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    He must be in a very strange position. A Jew who has ties to Israel who has previously supported Putin who is currently calling Ukraine “Nazis” whilst acting in their image.
    I would think it is to take himself out of the limelight and let the club get on with football until this is all resolved.
    It could be a cynical play, but I imagine he is very conflicted at the moment.
     
    Deafening Silence, Feb 26, 2022
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  12. wak

    wakeyred Well-Known Member

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    He wouldn’t be flying back to Russia if he wasn’t still big mates with Vlad the impaler.
     
    wakeyred, Feb 26, 2022
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  13. Durkar Red

    Durkar Red Well-Known Member

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    Think he recently got Israeli citizenship
     
    Durkar Red, Feb 26, 2022
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  14. Deafening Silence

    Deafening Silence Well-Known Member

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    Yes he did.
    He might have legitimate business interests there that require his attention? I assume he got his money from business? And by that I mean businesses that will be affected by sanctions.
     
    Deafening Silence, Feb 26, 2022
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  15. old

    oldschooltyke Well-Known Member

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    How many other teams are owned by Russians.
     
    oldschooltyke, Feb 26, 2022
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  16. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Micah Richards’ responding like 95% of us.

    Clever use of the word ‘currently’ as well, suggesting it’s a very temporary thing. Essentially it’s PR spin and nothing really changes.
     
    Loko the Tyke, Feb 26, 2022
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  17. Deafening Silence

    Deafening Silence Well-Known Member

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    Deafening Silence, Feb 26, 2022
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  18. wak

    wakeyred Well-Known Member

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    I’m sure he’s got business interests, as they were acquired from the state with no outlay I don’t think they’re very “legitimate”
     
    wakeyred, Feb 26, 2022
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  19. Barnsleyshaun

    Barnsleyshaun Well-Known Member

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    it means nothing - just trying to protect his asset
     
    Barnsleyshaun, Feb 26, 2022
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  20. Harry Hough

    Harry Hough Well-Known Member

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    The Liverpool fans will have a field day at Wembley tomorrow. They'll be making up the chants as we speak!
     
    Harry Hough, Feb 26, 2022
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