Chelsea: Roman Abramovich’s Interest Free Loan Passes £1billion

Paul Sorene

13th, May 2015

2 Comments

chelsea piggy bank

 

Chelsea were by far this season’s best Premier League team. Roman Abramovich, the club’s owner, must be chuffed with his side’s success – but was it worth it?

Fordstam, the company vehicle in control of Chelsea, has announced that Roman’s loan to the Blues has surged past the £1billion mark.

In the year to June 2014, Abramovich’s loan rose from £984m to £1,041,243,000.

The good news for Chelsea is that the loan is interest free. And should Abramovich need the money back, he would have to serve notice 18 months before making a demand.

Fair?

Spotter: Priuate Eye.

 

Posted in Chelsea, Newsnow

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2 Comments

  1. SG says:

    Meanwhile, clubs below the Premier League are being hit big time by the FFP. It works for the most part (City’s spending is over), but it doesn’t work for others.

  2. What4 says:

    This news is pretty old.

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