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(CNN)For almost 20 years, Roman Abramovich rocketed Chelsea from a club on the periphery of the elite to a global football superpower, but Russia’s invasion of Ukraine has resulted in his reign coming to an abrupt end.
Bloody conflict in Ukraine and international outrage over Russia’s invasion placed a renewed focus on Abramovich and his ownership of Chelsea.
It’s a focus that has shone a light on the jarring friction between sport and politics: Abramovich the dream-realizing football owner — adored by much of the Chelsea fanbase — versus Abramovich the Russian oligarch.
Days after the war began, as the West responded by imposing sanctions on Russia and its oligarchs, Abramovich’s assets — including Chelsea — appeared increasingly vulnerable to a more punitive financial environment and he soon announced his plans to sell the club.
Before the sale could be completed, however, the UK government announced that Abramovich would be subject to sanctions as one of “Russia’s wealthiest and most influential oligarchs, whose business empires, wealth and connections are closely associated with the Kremlin.”
Chelsea will be somewhat shielded from the sanctions, allowed to continue fulfilling its fixtures under a special license. But it does mean the club is not able to sell merchandise or tickets to upcoming games, engage in the transfer market, or issue new contracts to players while under the ownership of Abramovich.
Last month British lawmaker Chris Bryant called for Abramovich to lose ownership of Chelsea after seeing a leaked 2019 UK Home Office document that flagged concerns the 55-year-old had “links to the Russian state and his public association with corrupt activity and practices,” the MP said in Parliament.
According to Reuters, Abramovich has been granted Portuguese and Israeli citizenship in recent years.
“Surely, Mr. Abramovich should no longer be able to own a football club in this country?” Bryant said.
Abramovich’s representative did not respond to CNN’s request for comment on the oligarch being sanctioned.
Spurred by Abramovich’s enormous financial investment — upwards of $1.99 billion according to respected football business blogger Swiss Ramble — Chelsea has enjoyed an unprecedented period of success since his $233 million acquisition of the club in June 2003.
“I don’t want to throw my money away,” Abramovich told the BBC following the takeover, “but it’s really about having fun and that means success and trophies.”
During the 19 years under Abramovich, the club has collected 21 major trophies, according to Chelsea. After winning the FIFA Club World Cup in Abu Dhabi last month, Chelsea has officially won ever major trophy at the club’s disposal. CNN
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It is gratitude for this golden era that underpinned a sweeping tide of adulation for the oligarch upon the announcement of his impending sale of the club, among fans as well as former players.
“The best,” former captain John Terry tweeted, accompanied by a picture of him and Abramovich celebrating another Premier League triumph in 2017.
A statement from the Chelsea Supporters Trust (CST) board encapsulated the broader outpouring of feeling among the club’s fans on social media, thanking Abramovich for “his affection, passion and dedication” during a tenure that brought “unparalleled success.”
“Chelsea supporters will never forget all he has done for our club. Thank you Mr Abramovich,” the statement added, published before the UK government announced the sanctions.
According to Richard Weekes, who is one of the founders of Chelsea supporters’ group ‘We Are The Shed,’ “the Roman Empire” helped realize supporters’ wildest dreams.
“The last 20 years has enabled Chelsea supporters to live their best lives,” Weekes told CNN before Abramovich would be sanctioned.
“Traveling around the world winning and celebrating the biggest prizes in football, you simply cannot ask for more than that and, for that reason, Roman will forever have a place in all Chelsea supporters’ hearts.
“To have ‘the Roman Empire’ come to an end with Chelsea as ‘Champions of the World’ could not be a more fitting conclusion to this chapter in our history.” CNN
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