Pressure is mounting to strip Russian billionaire as owner of Chelsea soccer club.

[RandySF]

Russia's invasion of Ukraine gives new ammunition to the argument that billionaire Roman Abramovich should be stripped of his ownership of Chelsea Football Club, one of the biggest and most successful soccer clubs in Europe.

The notoriously secretive Abramovich, who made his billions in oil and is reportedly close to Vladimir Putin, became the London club's outright owner in 2003. Since his investment, Chelsea has won 18 major trophies, including two Champions League titles, the most prestigious pan-European competition.

Over that nearly 20-year span, Abramovich has become a celebrity in the English media, and something of a stand-in for the many ultrawealthy Russians who have moved to England in general and London in particular. Earlier this month, The Times reported that £1.5 billion worth of UK property had been purchased by Russians with links to the Kremlin, nearly £430 million of which was in Westminster alone. Many critics have nicknamed the capital "Londongrad."

The escalating conflict in Ukraine has intensified scrutiny around Abramovich's wealth and his close relationship to Putin. Last month, The Athletic reported that Chelsea owes Abramovich at least $2 billion right now; Abramovich's net worth is around $15 billion, according to the Bloomberg Billionaires Index.




https://finance.yahoo.com/news/pressure-mounting-strip-secretive-russian-200042653.html

[texasfiddler]

1. Wish they could seize his assets and sell them to purchase weapons/supplies for Ukraine

[OAITW r.2.0]

2. This how you go against these national wealth plunderers.

Take out the top 100 Russian Chaos Profiteers and return $ to the Russian people - when they develop a responsible government, capable of living am acting within positive world-class standards.