Finance guru: ‘No one knows what’s really going on’ at Chelsea amid Roman Abramovich twist
There is a lack of transparency when it comes to Roman Abramovich’s funds from the Chelsea takeover after it was revealed that the £2.5billion pledged to victims of the Ukraine war is yet to be received.
That is the view of finance expert Dan Plumley, who spoke exclusively to Football Insider about the recent developments around the sale of the Blues and promised donations by the former owner.
Due to his ties to Vladimir Putin, Abramovich was forced to sell Chelsea following Russia’s invasion of Ukraine in 2022.
An American consortium, spearheaded by Todd Boehly, soon completed a £2.5billion takeover of the Blues, with a further £1.75billion investment pledged over the coming decade.
Abramovich pledged to donate all money from the takeover to victims of the Ukraine war, but sources informed Football Insider last Friday (30 December) that the £2.5billion generated from the sale has still not been delivered.
The money remains in Abramovich’s company account, with senior MPs bewildered by the lack of action regarding the transfer of funds.
Plumley labelled the development “unsurprising” and believes the entire situation doesn’t reflect well on anybody involved.
“It’s perhaps unsurprising but still very poor,” the finance expert told Football Insider’s Adam Williams.
“Nobody knows what’s happening with it and we never will when looking from the outside in.
“However, all that does is create a picture around the situation that no one really knows what is going on and that there’s no transparency around the situation.
“We’ve found out that the money is still sat there and that time is dragging on, so it looks poor whichever way you cut it.
“It’s not a good look at all.“
In other news, a Chelsea star is “being investigated” by Premier League rivals over a possible move