Roman Abramovich Thread

[MoroccanBlue 5,296]

Roman Abramovich has dramatically relinquished the running of Chelsea in an attempt to distance the club from the controversy surrounding him as a result of Russia’s invasion of Ukraine and calls for him to be sanctioned.

Abramovich will remain as Chelsea’s owner and, providing he is not sanctioned, can still invest money into the club, but he has handed the running and decision making to the trustees of the club's charitable foundation, which is headed by Bruce Buck.

In his statement to announce the change, Abramovich made no mention of the war in Ukraine and did not condemn the actions of Russia president Vladimir Putin, which could lead to more calls for him to face sanctions.

Other than Buck, the trustees include manager of Chelsea women, Emma Hayes, chief executive ofKick It Out Piara Power, along with Paul Ramos,John Devine and Sir Hugh Robertson.

Chelsea remain insistent that the club is not and will not be for sale, but the move is likely toencourage interested groups and individuals to test Abramovich’s resolve with takeover bids.

Football decisions, such as transfers, player contracts and the future of head coach Thomas Tuchel will be the responsibility of director Marina Granovskaia and technical and performance advisor Petr Cech. Neither Granovskaia nor Cech are among the trustees.

Chelsea insist that Abramovich’s decision to step back has not been made in an attempt to avoid sanctions, but instead to protect the club at a time when it was in danger of suffering reputational and strategic damage.

In a statement, Abramovich said: "During my nearly 20-year ownership of Chelsea FC, I have always viewed my role as a custodian of the club, whose job it is ensuring that we are as successful as we can be today, as well as build for the future, while also playing a positive role in our communities. I have always taken decisions with the club’s best interest at heart. I remain committed to these values. That is why I am today giving trustees of Chelsea’s charitable Foundation the stewardship and care of Chelsea FC.

"I believe that currently they are in the best position to look after the interests of the club, players, staff, and fans."

[Milan 17,853]

34 minutes ago, Hermione said:

What about investing, can he still do it as it is now?

 

[Magic Lamps 11,653]

Very sensible move. Roman prevents us to be affected by sanctions and allows for continued operation of the club even if he himself will be targeted.

It is however unlikely he will fund us in summer in case sanctions persist, which i consider the base case. So we might be forced to pay for new signings exlusively out of the club's own cashflows.

Edited February 26, 2022 by Magic Lamps

[Vesper 28,777]

59 minutes ago, MoroccanBlue said:

Roman Abramovich has dramatically relinquished the running of Chelsea in an attempt to distance the club from the controversy surrounding him as a result of Russia’s invasion of Ukraine and calls for him to be sanctioned.

Abramovich will remain as Chelsea’s owner and, providing he is not sanctioned, can still invest money into the club, but he has handed the running and decision making to the trustees of the club's charitable foundation, which is headed by Bruce Buck.

In his statement to announce the change, Abramovich made no mention of the war in Ukraine and did not condemn the actions of Russia president Vladimir Putin, which could lead to more calls for him to face sanctions.

Other than Buck, the trustees include manager of Chelsea women, Emma Hayes, chief executive ofKick It Out Piara Power, along with Paul Ramos,John Devine and Sir Hugh Robertson.

Chelsea remain insistent that the club is not and will not be for sale, but the move is likely toencourage interested groups and individuals to test Abramovich’s resolve with takeover bids.

Football decisions, such as transfers, player contracts and the future of head coach Thomas Tuchel will be the responsibility of director Marina Granovskaia and technical and performance advisor Petr Cech. Neither Granovskaia nor Cech are among the trustees.

Chelsea insist that Abramovich’s decision to step back has not been made in an attempt to avoid sanctions, but instead to protect the club at a time when it was in danger of suffering reputational and strategic damage.

In a statement, Abramovich said: "During my nearly 20-year ownership of Chelsea FC, I have always viewed my role as a custodian of the club, whose job it is ensuring that we are as successful as we can be today, as well as build for the future, while also playing a positive role in our communities. I have always taken decisions with the club’s best interest at heart. I remain committed to these values. That is why I am today giving trustees of Chelsea’s charitable Foundation the stewardship and care of Chelsea FC.

"I believe that currently they are in the best position to look after the interests of the club, players, staff, and fans."

Piara Powar

[cosmicway 1,323]

This Chris Bryant character is a fanatical football supporter from what I see.
I don't know the team he supports though.

[DDA 9,690]

You couldn't actually ask for a better owner than Roman when ut comes to the running of a club. He is a legend in his own right within the World of football.

I hope he has no dealings with the current situation between Russia and Ukraine. It would cast am enormous shadow over what has been an incredible time basking in the sun.

[Vesper 28,777]

2 hours ago, Magic Lamps said:

Very sensible move. Roman prevents us to be affected by sanctions and allows for continued operation of the club even if he himself will be targeted.

It is however unlikely he will fund us in summer in case sanctions persist, which i consider the base case. So we might be forced to pay for new signings exlusively out of the club's own cashflows.

yank telly has multiple lawyers and experts on (some Brits) calling the 'foundation' gambit bullshit and opining that it will not work

fucking assholes

[milka 3,346]

Chelsea have grown to the high,high level and can compete with the elites even without funding of Abramovich.

Chelsea is a global brand already next to Manchester United, Liverpool , Bayern , Real and Barcelona 

 

[cosmicway 1,323]

2 minutes ago, milka said:

Chelsea have grown to the high,high level and can compete with the elites even without funding of Abramovich.

Chelsea is a global brand already next to Manchester United, Liverpool , Bayern , Real and Barcelona 

 

Name a bigger Putin operation in Europe outside the borders of the former Soviet Union than Brexit.

[Romans disciples 26]

The west are targeting Roman for his relationship to  Mr Putin . Our golden age is built on Romans leadership and with our bond , remember you are seeing much propaganda . Hopefully he is protecting our great football club from the incompetent weak Johnson. Mother Russia has been Roman's benefactor which has led us to the best club in the world .

We must stand together.

[NikkiCFC 7,942]

Roman was very close to Putin in the past. Maybe that changed in the last couple of years? His daughter posting that the other day is really surprising.

[Romans disciples 26]

4 minutes ago, NikkiCFC said:

Roman was very close to Putin in the past. Maybe that changed in the last couple of years? His daughter posting that the other day is really surprising.

Roman has so many interests in Russia and has supported Mr Putin as any loyal  Russian Patriot . He also supports many charity and foundations .

[Romans disciples 26]

57 minutes ago, milka said:

Chelsea have grown to the high,high level and can compete with the elites even without funding of Abramovich.

Chelsea is a global brand already next to Manchester United, Liverpool , Bayern , Real and Barcelona 

 

No we need Roman . His generosity has made us great . It would be disrespectful to not realize this . Without his funding we will not compete at the same level .

[NikkiCFC 7,942]

 

[Pizy 18,368]

All of these journalists and pundits baying for the blood of Roman (figuratively) is one thing. It’s almost understandable given the horrible situation in Ukraine.

But all these assholes almost begging for action against our club itself are disgusting. Why the fuck should the players, the coaches, the staff, and most importantly the tens of millions of supporters be punished at all? 

Nearly every one of these billionaire club owners is a shady, scummy fuck. Newcastle were allowed to be taken over by the state that murdered a journalist, ffs. 

If the UK government somehow, some way punishes the club I’m absolutely done with this sport forever. If worst comes to worst, forcing Roman to sell would suck but it would be understandable. Fucking over everyone else who had ZERO to do with anything is outrageous.

[Romans disciples 26]

27 minutes ago, Pizy said:

All of these journalists and pundits baying for the blood of Roman (figuratively) is one thing. It’s almost understandable given the horrible situation in Ukraine.

But all these assholes almost begging for action against our club itself are disgusting. Why the fuck should the players, the coaches, the staff, and most importantly the tens of millions of supporters be punished at all? 

Nearly every one of these billionaire club owners is a shady, scummy fuck. Newcastle were allowed to be taken over by the state that murdered a journalist, ffs. 

If the UK government somehow, some way punishes the club I’m absolutely done with this sport forever. If worst comes to worst, forcing Roman to sell would suck but it would be understandable. Fucking over everyone else who had ZERO to do with anything is outrageous.

Yes brother there seems unparalleled venom to Roman . The west is very corrupt and attacking our glorious club because Roman has legal business concerns in Russia is ethical..

English football is full of evil regimes like City/Newcastle Arabic Islamic fascism, Levy Tottenham endless property , sex peddling West Ham . This seems double standards.

Your leader  Biden is weak and effete , his cowardice in Afghanistan and no doubt bulling Johnson to take action.

Edited February 27, 2022 by Romans disciples

[Sir Mikel OBE 4,919]

I think it probably has come time for Roman to sell honestly.

 

 

Theres a lot of scummy fucks in the game, but everything related to Putin is tainted now. That includes Roman.

[cosmicway 1,323]

The relationship to Putin is tenuous to say the least.
He even gave up his Russian citizenship so as not to be associated with Russia.
And what about the true Putin boys, Boris Johnson, Nigel Farage ?
Sounds like the hype of the century to me.
In any anti-Putin country I would accept it as a harsh overreaction but within the logic of the situation.
But in Putin's brexit Britain ????