Abramovich's Funding of Chelsea Has Exceeded Rp 28 Trillion Since 2003
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Chelsea Football Club has been frozen following the UK government's sanctions against its owner, Roman Abramovich. These sanctions were imposed because the UK government considers Abramovich to be close to Russian President Vladimir Putin, who is leading the attack on Ukraine.
Abramovich first bought Chelsea in 2003. Since then, up to 2021, he has invested a total of £1.51 billion (Rp 28 trillion).
This data can be seen in the financial reports of Fordstam Limited, Chelsea's controlling company. The largest investment occurred in the first three years, with Abramovich spending £528 million between 2004 and 2006.
After that, Abramovich's investment did not exceed £100 million per year until 2019. That year, he invested £247 million in a single year. This large investment was due to Chelsea having to pay the severance package for manager Antonio Conte and his staff.
Abramovich's funding was provided through loans. Between 2003 and 2021, Chelsea only repaid these loans twice: £2 million in 2010 and £5 million in 2020.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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