Roman Abramovich hands over ‘stewardship and care’ of Chelsea football club...

[Doberman]

... to Chelsea's charitable foundation.

whatever this means...

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[peil]

... to Chelsea's charitable foundation.

whatever this means...

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Someone's shitting himself about sanctions

 

[Deleted member 48353]

I bet he‘a thrilled with his mate for that, obviously had his hand forced

And people say we are just jealous about the mags and their political background…

 

[Inside Forward]

Hope they go bust.

 

[Dadsarmy73]

Well we now know that sanctions are giving a few of the oligarchs squeaky bums

 

[samaistonsrightfoot]

Sounds a bit like the mags, PIF and the prince murderer.

 

[Shambo]

Moving a valuable asset out of his ownership before someone else does

 

[kildaremackem]

Moving a valuable asset out of his ownership before someone else does

yep he no longer is the legal owner

 

[Geronimo]

Someone's shitting himself about sanctions

This 100%.
Foundations cover a multiple of shady dealings.
Mainly in football it's players setting them up as a tax avoidance scheme while trying to appear philanthropic

 

[buster]

Interested in how much they’ll have to spend in the future.

 

[herra soul mob]

fk em remember 1985

 

[Father Jack Hackett]

He'll still be financing them

 

[TravellingMackem]

yep he no longer is the legal owner

I’m not sure stewardship is the same as legally owning something. More days that he wants them to look after the club while he’s busy with other issues

 

[Steve H]

Bloke is a crook, he can go to hell

 

[parm]

sanction s on putins pals may help exert pressure on vlad to pull out - good tactic

 

[Father Jack Hackett]

I’m not sure stewardship is the same as legally owning something. More days that he wants them to look after the club while he’s busy with other issues

Exactly. It'll be like MBS "not" owning Newcastle.
He'll still have final say just won't be his name above the door.

 

[Horace Cope]

They won't be able to fund them in their current form

 

[kildaremackem]

I’m not sure stewardship is the same as legally owning something. More days that he wants them to look after the club while he’s busy with other issues

but he has never looked after the club..in terms of his time..he isnt a director of it,...not alone chairman or CEo...if the foundation become the owner, then his company..fordsham stops being the owner?

They won't be able to fund them in their current form

chelsea made a bit of a profit last year prior too pandemic..

 

[cluffy]

Seems dodgy to me. Like the police coming round to confiscate stolen goods but you’ve given them to your mate so you’re in the clear?

 

[Dan The Man]

So he’s basically given them away