Chelsea may be hit with points deduction in FFP investigation

Chelsea could soon face a Premier League points deduction after financial details regarding a series of payments have emerged. These apparently illegal payments are worth tens of millions of dollars and span a decade. This timeframe was when Roman Abramovich owned the club. The Russian oligarch eventually sold the Blues after being sanctioned by the […]

Former Chelsea owner Roman Abramovich reportedly funded the takeover of Dutch club Vitesse Arnhem in 2010. The Eredivisie team struggled financially at the time. Then, Merab Jordania, a former Georgian soccer player and manager, bought the club. However, documents now show that Abramovich actually bankrolled the deal. The Guardian is claiming to have seen documents […]

A tumultuous 2021/22 campaign saw Chelsea report a net financial loss of almost $150 million. The biggest factor for this loss comes from the UK government's freeze on former Chelsea owner Roman Abramovich's assets following Russia's war with Ukraine. According to Sky Sports, the UK froze any assets that had connections to Russia President Vladimir […]

Chelsea are reportedly set to ask the Premier League for a special exemptions regarding spending rules. The Blues signed 16 new players and had a net spend of about $588 million during the current campaign. This was far and away more than any other European club. The Daily Mail is reporting that the west London […]

London (AFP) – Chelsea have some clarity after an uncertain few months with the consortium led by LA Dodgers co-owner Todd Boehly set to buy the Premier League giants. The Boehly group, which includes fellow Dodgers co-owner Mark Walter, Swiss billionaire Hansjoerg Wyss and US investment firm Clearlake Capital have committed to a deal worth […]

London (AFP) – Roman Abramovich has denied reports he is asking for a £1.5 billion ($1.9 billion) loan to be repaid for the sale of Chelsea to go through. The Russian billionaire put the Premier League club up for sale on March 2, insisting he would not call in the loan amassed during his 19-year […]

London (AFP) – Nick Candy has vowed to involve Chelsea fans if the British property tycoon succeeds in his bid to buy the troubled Premier League club. Candy is believed to have submitted a bid of over £2 billion ($2.6 billion) for his boyhood team before Friday's deadline and he promised to give fans a […]

Geneva (AFP) – Hansjorg Wyss, one of Switzerland's richest men, said Wednesday he had been offered the chance to buy Chelsea, with the English Premier League side's Russian owner Roman Abramovich under growing scrutiny. Wyss, 86 and founder of the medical device manufacturing firm Synthes, told the Swiss newspaper Blick that he had been sounded […]

London (AFP) – Chelsea manager Thomas Tuchel expressed his frustration at being plagued with questions on Russia's invasion of Ukraine with the future of the club's ownership structure still unclear. Russian billionaire Roman Abramovich on Saturday revealed he plans to place his ownership of the European champions into the "stewardship and care" of the Chelsea […]

London (AFP) – Russian oligarch Roman Abramovich rejects "lazy inaccuracies" in a book that claims he took over Chelsea Football Club at the Kremlin's behest, his lawyer said Wednesday at the start of a UK libel trial. The billionaire is suing Reuters journalist Catherine Belton and publisher HarperCollins over their 2020 book "Putin's People: How […]

In search of the 10th manager of his 12-year tenure as Chelsea owner, Roman Abramovich appears no nearer to his dream of owning a self-sustaining, crowd-pleasing soccer team. Jose Mourinho, sacked on Thursday, came back to Chelsea in 2013 vowing to build a legacy, but he instead brought characteristic short-term success, followed by a staggeringly […]