Chelsea FC face fresh questions over how its former owner Roman Abramovich funded the club’s success, after leaked files revealed a string of secret payments that may have breached strict football rules, including those on “financial fair play”.
Experts said the transactions, uncovered through a joint investigation by the Guardian and international partners, could lead to the Premier League imposing punishments on Chelsea, such as a deduction of points.
The files reveal a series of payments worth tens of millions of pounds over a decade, routed through offshore vehicles belonging to Abramovich. The transactions in question appear to have been for Chelsea’s benefit, raising questions about whether they were declared in accounts submitted to football’s governing bodies.
Every time I read about Roman's financial transactions, there are new shell companies from the BVI. More shell companies than people have throwaway email/reddit accounts. He must have a dedicated guy on payroll just for naming them.
Experts said the transactions, uncovered through a joint investigation by the Guardian and international partners, could lead to the Premier League imposing punishments on Chelsea, such as a deduction of points.
The files reveal a series of payments worth tens of millions of pounds over a decade, routed through offshore vehicles belonging to Abramovich. The transactions in question appear to have been for Chelsea’s benefit, raising questions about whether they were declared in accounts submitted to football’s governing bodies.
Every time I read about Roman's financial transactions, there are new shell companies from the BVI. More shell companies than people have throwaway email/reddit accounts. He must have a dedicated guy on payroll just for naming them.
I’ve never understood the success of shell companies, just go out on the beach and pick them up.
Don't get me started on hedge funds. The guy I pay to do mine once only costs £200 for the day.