{"id":58621,"date":"2022-05-05T18:34:04","date_gmt":"2022-05-05T16:34:04","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea"},"modified":"2022-05-05T20:48:12","modified_gmt":"2022-05-05T18:48:12","slug":"roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea","title":{"rendered":"Roman Abramovich Denies Demanding Back \u00a31.6bn Loan He Gave To Chelsea"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Zimbabwe. <\/strong><\/span>Roman Abramovich, Chelsea owner, has denied reports that he demanded that a \u00a31.6bn loan he gave to Chelsea be repaid as part of the club\u2019s sale. Abramovich\u2019s spokesperson said:<\/p>\n<p>Following speculation in media in relation to the sale of Chelsea FC, we would like to clarify the following points\u2026<\/p>\n<p>Firstly, Mr Abramovich\u2019s intentions in relation to gifting the proceeds from the Chelsea sale to charity have not changed.<\/p>\n<p>Since the initial announcement, Mr Abramovich\u2019s team has identified senior representatives from UN bodies and large global charitable organizations who have been tasked with forming a Foundation and setting out a plan for its activities. The lead independent expert has had conversations with Government representatives presenting the structure and initial plans.<\/p>\n<p>Mr Abramovich has not been involved in this work and it has been managed independently by experts with years of experience working in humanitarian organizations.<\/p>\n<p>Secondly, Mr Abramovich has not asked for any loan to be repaid to him \u2013 such suggestions are entirely false \u2013 as are suggestions that Mr Abramovich increased the price of the Club last minute. As part of Mr Abramovich\u2019s objective to find a good custodian for Chelsea FC, he has however encouraged each bidder throughout this process to commit investing in the Club \u2013 including in the Academy, Women\u2019s team, necessary redevelopment of the stadium as well as maintaining the work of Chelsea Foundation.<\/p>\n<p>Following sanctions and other restrictions imposed on Mr Abramovich by the UK since announcing that the Club would be sold, the loan has also become subject to EU sanctions, requiring additional approvals. That means that the funds will be frozen and subject to a legal procedure governed by authorities. These funds are still earmarked for the Foundation. The Government are aware of these restrictions as well as the legal implications.<\/p>\n<p>To be clear, Mr Abramovich has no access or control of these funds and will not have any access or control of these funds following the sale. Despite the changing circumstances since his initial announcement \u2013 he remains committed to finding a good custodian for Chelsea FC and making sure the proceeds go to good causes.<\/p>\n<p>-Spokesperson for Mr Abramovich<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/zimbabwe\">Zimbabwe<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zimbabwe. Roman Abramovich, Chelsea owner, has denied reports that he demanded that a \u00a31.6bn loan he gave to Chelsea be repaid as part of the club\u2019s sale. Abramovich\u2019s spokesperson said: Following speculation in media in relation to the sale of Chelsea FC, we would like to clarify the following points\u2026 Firstly, Mr Abramovich\u2019s [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":58620,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,35,16,15],"tags":[1493,2189,19],"class_list":["post-58621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-sport","category-twitter","tag-africa-press","tag-africa-press-zimbabwe-2","tag-zimbabwe"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Roman Abramovich Denies Demanding Back \u00a31.6bn Loan He Gave To Chelsea - zimbabwe<\/title>\n<meta name=\"description\" content=\"Roman Abramovich, Chelsea owner, has denied reports that he demanded that a \u00a31.6bn loan he gave to Chelsea be repaid as ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Roman Abramovich Denies Demanding Back \u00a31.6bn Loan He Gave To Chelsea\" \/>\n<meta property=\"og:description\" content=\"Roman Abramovich, Chelsea owner, has denied reports that he demanded that a \u00a31.6bn loan he gave to Chelsea be repaid as ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-05T16:34:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-05T18:48:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/05\/postQueueImg_15-62741bb394339.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"737\" \/>\n\t<meta property=\"og:image:height\" content=\"415\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Roman Abramovich Denies Demanding Back \u00a31.6bn Loan He Gave To Chelsea\",\"datePublished\":\"2022-05-05T16:34:04+00:00\",\"dateModified\":\"2022-05-05T18:48:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea\"},\"wordCount\":384,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/05\/postQueueImg_15-62741bb394339.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zimbabwe\",\"Zimbabwe\"],\"articleSection\":[\"all news\",\"homepage-english\",\"sport\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/roman-abramovich-denies-demanding-back-1-6bn-loan-he-gave-to-chelsea\",\"name\":\"Roman Abramovich Denies Demanding Back \u00a31.6bn Loan He Gave To Chelsea - 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