The mansions, the yachts, one of the most profitable football teams in the world. Now that the limitless legacy of Roman Abramovich was attacked by sanctionsthe oligarchic friend of Wladimir Putin it tries to protect its wealth: around 13 billion euros. He has been doing this for months now: in February he took up residence in Kensington Palace Gardens London, in the socalled “way of the billionaires”. A property next to the William and Kate building and close to the Russian Embassy: a very luxurious 15 bedroom mansion worth almost 200 million euros. Abramovich would also look to get rid of his other London properties, including the Chelsea home he bought in 2018 for around €25m.
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The sale of Chelsea
For months, the oligarch has also been working to remove his name from the football team he owns: in recent weeks he has announced that he will be stepping down as manager of the team Chelsea to the charitable foundation of the association: the first step in transferring the assets. However, the British government has already frozen all of Abramovich’s assets and banned the billionaire. The tycoon had announced that he would donate the proceeds from the sale to the victims of the war in Ukraine and their families, and a few days earlier he had also been accredited as an intermediary between Kyiv and Moscow. There are hundreds of offers to buy Chelsea and, according to the Guardian, the consortium around the Swiss billionaire is in pole position Hansjoerg Wyss, by American investor Todd Boehly, who owns part of the Dodgers, and British businessman Jonathan Goldstein, CEO of Cain International and Tottenham fan. The offer is £2.5 billion. The situation remains uncertain. Chelsea is one of Abramovich’s frozen assets, which only allows staff to continue paying thanks to a special government license. The Ministry of Culture, Media and Sport has revealed that the same license to sell the club could be renewed.
After the British, the sanctions of the European Union have also arrived. Abramovich ran for cover and began moving parts of his immense legacy: the yacht Solaris, worth over half a billion euros, sailed from Barcelona last week. The crew left in a hurry, not even giving the mechanics time to complete the planned repairs and maintenance. The destination was Montenegro, but the stop was short: the Balkan country also announced that it would comply with European sanctions. The Solaris then set off, at least for the moment, towards Turkey. Abramovich’s other luxury megaboat, the Eclipse, was instead relocated from the Caribbean island of Saint Martin, which is part of the EU. In the past few days, the oligarch’s private jet was spotted at Tel Aviv airport: it was on its way to Moscow.
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