Tag Archives: Roman Abramovich

Chelsea is for sale…

Well…okay folks, this one is about soccer so you may want to skip it unless you’ve found new interest in the English football game by watching Ted Lasso…so, it looks like Roman Abramovich, the Russian oligarch is going to sell the Chelsea football club and to hear him say it, it is all about his love for the club and English football…I guess the trial balloons about putting the club in trust crashed as the probability of sanctions against him grow by the day and that would mean that he would lose the club and any other assets he has in England….and that includes a couple of huge estates and the normal huge yacht that all of the oligarchs have….now, I will say that he has said the proceeds from the club will be donated to the victims of the Ukraine invasion but who is going to trust him when he has not come out against Putin since most of his cash is from being in the inner circle of Russian business and you don’t get to be a Russian billionaire without Putin approving it and and having a continuing relationship with him….so, let’s take all of this supposed concern for the Ukrainians with a supertanker sized grain of salt…I think he is just trying to avoid the sanctions that are coming and is scrambling to keep some cash when they hit….geez….