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1970-01-01 08:00
Chelsea set for more Premier League scrutiny over Roman Abramovich era
Chelsea set for more Premier League scrutiny over Roman Abramovich era
Chelsea are set to face further scrutiny from the Premier League over reports of payments connected to the club’s former owner Roman Abramovich. The Guardian has reported that Abramovich, a Russian billionaire who owned the club for 19 years until he was sanctioned by the British Government last year, used offshore companies to make payments which appear to have been for the club’s benefit. The Premier League is already investigating the club after their new owners became aware of “potentially incomplete financial reporting” linked to the Abramovich era while completing their due diligence as part of the takeover and self-reported the information they discovered to the league and other regulators. The Premier League has not commented on Wednesday’s report, but it is likely it will now look closely at the information reported by the Guardian. A Chelsea spokesperson said: “These allegations pre-date the club’s current ownership. They are based on documents which the club has not been shown and do not relate to any individual who is presently at the club.” Chelsea’s stance under their new owners has been consistent – to examine any allegations of impropriety under the previous ownership as soon as they become aware of them. Abramovich bought Chelsea in 2003 and invested millions as the club enjoyed unprecedented success, including Champions League victories in 2012 and 2021 as well as five Premier League titles. He was forced to sell the club last year after his assets were frozen by the Government following the Russian invasion of Ukraine. The FA has confirmed it is investigating, although it is unclear at this stage whether its investigation relates to the information Chelsea self-reported or the new allegations reported by the Guardian. Chelsea entered into a 10 million euro (£8.7million) settlement with UEFA after also self-reporting the information which came to light during the 2022 takeover to European football’s governing body. Read More Jon Rahm rules out replacing Rory McIlroy on PGA Tour policy board Andrew Flintoff named head coach of Northern Superchargers Adam Azim sends warning to Franck Petitjean ahead of super-lightweight bout
1970-01-01 08:00
Man Utd make decision on future of chief executive Richard Arnold
Man Utd make decision on future of chief executive Richard Arnold
Manchester United chief executive Richard Arnold is expected to leave his role before the end of the year.
1970-01-01 08:00
USMNT vs Trinidad & Tobago - Nations League preview: TV channel, live stream, team news & prediction
USMNT vs Trinidad & Tobago - Nations League preview: TV channel, live stream, team news & prediction
The Stars and Stripes take on Trinidad & Tobago.
1970-01-01 08:00
Water Is Now a Global Asset, and a Growing Threat
Water Is Now a Global Asset, and a Growing Threat
To measure all the ways humans move our dearest commodity around the planet, researchers devised two categories of
1970-01-01 08:00
Russia’s Key Economic Sectors Shrug Off Sanctions
Russia’s Key Economic Sectors Shrug Off Sanctions
Key sectors of Russia’s economy are adapting and in some cases completely rebounding from unprecedented international sanctions imposed
1970-01-01 08:00
Supreme Court rules Rwanda asylum policy unlawful
Supreme Court rules Rwanda asylum policy unlawful
The UK's highest court says the plan leaves people at risk of being sent back to unsafe countries.
1970-01-01 08:00
Trudeau Faces Calls to Exit With His Party Trailing in Polls
Trudeau Faces Calls to Exit With His Party Trailing in Polls
Sagging badly in opinion polls, with voters angry about housing and inflation, Justin Trudeau is facing calls to
1970-01-01 08:00
Sunak’s Rwanda Asylum Plan Left in Tatters by UK Top Court
Sunak’s Rwanda Asylum Plan Left in Tatters by UK Top Court
The UK’s controversial policy to deport asylum seekers to Rwanda is unlawful, the nation’s highest court ruled, dashing
1970-01-01 08:00
Cybersecurity Warning Puts Palo Alto’s 87% Rally in Spotlight
Cybersecurity Warning Puts Palo Alto’s 87% Rally in Spotlight
Signs of trouble in the cybersecurity sector are making some investors nervous ahead of Palo Alto Networks Inc.’s
1970-01-01 08:00
Germany Mulls Obesity Drug Export Ban as EU Confronts Shortage
Germany Mulls Obesity Drug Export Ban as EU Confronts Shortage
Germany is considering an export ban on Novo Nordisk A/S’s blockbuster weight-loss drugs as European countries try to
1970-01-01 08:00
India Trade Gap Widens to Record as Festive Spending Surges
India Trade Gap Widens to Record as Festive Spending Surges
India’s trade deficit widened to a record last month as imports surged, buoyed by strong consumer spending ahead
1970-01-01 08:00
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