Russian oligarch Roman Abramovich’s assets in the UK have been frozen following his country’s invasion of Ukraine, making his football club, Chelsea, effectively government controlled. But this has been a mere ripple on the seas of the football industry.
Sheikhs, oligarchs and American tycoons have been a boon to the business of football, and have taken the game’s riches to almost obscene levels. There seems no end to the desire to own a football club, even if Roman Abramovich is being forced into a fire sale.
Sanctions imposed on him by the British government and the EU have forced him into selling Chelsea, the quintessential London club that he turned from being perennial also-rans to becoming European champions...If you have already registered or subscribed, please sign in to continue.
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