Roman Abramovich Thread

[We Hate Scouse 10,287]

Roman Abramovich lost £288million within 48 hours

http://www.dailymail.co.uk/news/article-2878820/Russia-s-oligarchs-lose-5-5bn-48-HOURS-amid-economic-turmoil-Roman-Abramovich-owner-Arsenal-billionaires-losing-vast-amounts-cash.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490

In the short term yes. If we go back to 2009 when Brent Crude Oil was priced the same then we realise he hasn't theoretically lost anything at all. When the oil prices no doubt surge again in the next few years then he will recoup it all back. Unless he starts losing billions, which he won't, it's absolutely nothing to worry about.

With concern of oil eventually running out there will only be one winner come the end. It's practically impossible for Abramovich to lose money due to the ruble and/or oil prices.

[OhForAGreavsie 5,898]

In the short term yes. If we go back to 2009 when Brent Crude Oil was priced the same then we realise he hasn't theoretically lost anything at all. When the oil prices no doubt surge again in the next few years then he will recoup it all back. Unless he starts losing billions, which he won't, it's absolutely nothing to worry about.

With concern of oil eventually running out there will only be one winner come the end. It's practically impossible for Abramovich to lose money due to the ruble and/or oil prices.

Does Roman even have any investment in oil any longer? I thought he had divested.

[We Hate Scouse 10,287]

Does Roman even have any investment in oil any longer? I thought he had divested.

Yes and no. He doesn't directly, but his investment company Millhouse Capital does - mainly Gazprom.

[Tautvix 1,321]

In the short term yes. If we go back to 2009 when Brent Crude Oil was priced the same then we realise he hasn't theoretically lost anything at all. When the oil prices no doubt surge again in the next few years then he will recoup it all back. Unless he starts losing billions, which he won't, it's absolutely nothing to worry about.

With concern of oil eventually running out there will only be one winner come the end. It's practically impossible for Abramovich to lose money due to the ruble and/or oil prices.

Ruble is the problem now, not only oil price...

http://www.x-rates.com/graph/?from=RUB

[We Hate Scouse 10,287]

Ruble is the problem now, not only oil price...

http://www.x-rates.com/graph/?from=RUB

The fall in the rouble is massively linked to oil prices. High oil prices = a strong rouble

[OhForAGreavsie 5,898]

Yes and no. He doesn't directly, but his investment company Millhouse Capital does - mainly Gazprom.

Thank you.

I don't follow these things closely but I understood that for a number of years Roman's share of Sibneft was owned through Millhouse and that, when he decided to move out of that industry, Millhouse sold its Sibneft shares to Gazprom leaving our owner out of the oil business. I was not aware that Roman owned any part of Gazprom, through Millhouse or any other vehicle.

[We Hate Scouse 10,287]

Thank you.

I don't follow these things closely but I understood that for a number of years Roman's share of Sibneft was owned through Millhouse and that, when he decided to move out of that industry, Millhouse sold its Sibneft shares to Gazprom leaving our owner out of the oil business. I was not aware that Roman owned any part of Gazprom, through Millhouse or any other vehicle.

It's very disputed and it'd be very difficult to find any solid evidence, but from what I understand he does. From the recent court proceedings it seems that the shares get passed around between companies a lot.

He has Millhouse Capital in the UK, Millhouse LLC in Russia, Electus Investments in Cyprus, Aristus Holdings in Cyprus, Lanebrook in Cyprus, Ervington Investments in Cyprus, Crispian Investments in Cyprus and many more

Citing the lawsuit, brought against Abramovich by Boris Berezovsky (See above), the news service said the Chelsea football clob owner "shuffled assets, including stakes in oil, aluminum, automobile manufacturing and airlines, between holding companies in Gibraltar, Cyprus and the British Virgin Islands" [Bloomberg 30 April 2013].

[OhForAGreavsie 5,898]

It's very disputed and it'd be very difficult to find any solid evidence, but from what I understand he does. From the recent court proceedings it seems that the shares get passed around between companies a lot.

He has Millhouse Capital in the UK, Millhouse LLC in Russia, Electus Investments in Cyprus, Aristus Holdings in Cyprus, Lanebrook in Cyprus, Ervington Investments in Cyprus, Crispian Investments in Cyprus and many more

Thanks again.

[LDN Blue 7,903]

His wealth should be fine, he's still worth enough money. This is just a consequence of a very volatile exchange rate, because of sanctions against Russia. In the long-term, this should level out for his wealth to increase again. In terms of how much he still has, I don't think he'll be worried yet.

[iceman 329]

so, can i leave it here?

[hamad138 190]

If he signs messi, he have GOAT status. He would be hero of London

[termninja 5,290]

Just came to this thread to say Здравствуйте to my favorite Russian!

[Fulham Broadway 16,948]

Mentioned in most of the papers in relation to Labour's plan to get rid of the non-domicile tax status.

He's never been a resident of the UK and therefore can't be non-domiciled, but lets not let the facts get in the way of a story....

[KevinAshburner 1,270]

Latest Roman Abramovich Articles for April 2015.

Chelsea FC owner buys NIS 100m Tel Aviv hotel

http://www.timesofisrael.com/chelsea-fc-owner-buys-nis-100m-tel-aviv-hotel/

April 15, 2015

Meet Chelsea's newest £17.1million signing... as owner Roman Abramovich splashes out on Tel Aviv's Varsano Hotel

http://www.dailymail.co.uk/sport/sportsnews/article-3038408/Meet-Chelsea-s-newest-16-5million-signing-owner-Roman-Abramovich-splashes-Tel-Aviv-s-Varsano-Hotel.html

14 April 2015

Is Billionaire Roman Abramovich Planning Aliyah?

http://www.jewishpress.com/news/breaking-news/is-billionaire-roman-abramovich-planning-aliyah/2015/04/14/

April 14th, 2015

[xPetrCechx 13,563]

[the wes 7,212]

Abramovich leads $30 million investment round in Music Messenger app

https://au.news.yahoo.com/thewest/business/technology/a/27254956/abramovich-leads-30-million-investment-round-in-music-messenger-app/?

[iseah100 5,612]

Don't do it, Roman.

[supporter 3,088]

The failure of PSG in Champions League shows that what Roman has made with us is not easy.

Thanks Roman