Chelsea owner Roman Abramovich proves he still loves Chelsea despite almost two-year absence

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Chelsea accounts published on Tuesday has revealed Chelsea owner Roman Abramovich is still committed to the club.

Despite not holding a visa to work in the United Kingdom and his absence from Stamford Bridge for almost two years, Abramovich still invested in the club during the last financial year.

Abramovich invested £247 million in Chelsea during the last financial year.

Chelsea’s accounts read: “Funding is provided by the parent company, Fordstram Limited, which is supported by the ultimate controlling party, Mr R Abramovich. The group has received an increase in funding of £247m during the last financial year [2018: an increase in funding of £69.1m].

“The company is reliant on its parent undertaking, Fordstram Limited, for its continued financial support. The company has received confirmation from its parent undertaking that sufficient funds will be provided to finance the business for the foreseeable future. The directors have therefore adopted the going concern basis in preparing these financial statements.”

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OTONY
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