Roman Abramovich transferred million-dollar business to Chelsea pal


Roman Abramovich transferred a company he controlled with tens of millions of dollars of investments to a director of Chelsea football club on the day Russia invaded Ukraine, UK corporate filings show.

It was the second time Abramovich, 55, moved assets to a close associate before Britain and the European Union imposed sanctions on him this month. The Chelsea owner became one of Russia’s most powerful entrepreneurs – mostly from oil and aluminium – during the aftermath of the break-up of the Soviet Union. Forbes last month put his net worth at £10billion.