Roman Abramovich period at Chelsea leaves a ‘troublesome’ legacy for the Premier League, says chief Richard Masters, after Russian billionaire was sanctioned for his hyperlinks to Vladimir Putin following the invasion of Ukraine
- Roman Abramovich was pressured to promote Chelsea after UK authorities sanctions
- His 19-year possession noticed the Blues win the Premier League on 5 events
- However league chief govt Richard Masters says his legacy is ‘troublesome’
Premier League chief govt Richard Masters believes it’s ‘troublesome’ to assert the Roman Abramovich period at Chelsea had a optimistic impression on English soccer.
Although the Stamford Bridge membership received 5 Premier League titles underneath Abramovich’s possession, the Russian billionaire’s hyperlinks to Vladimir Putin have forged a protracted shadow over his legacy following the invasion of Ukraine.
The 19-year Abramovich period got here to an finish earlier this 12 months with the £4.25billion sale of Chelsea to American businessman Todd Boehly, the co-owner of the Los Angeles Dodgers baseball group.
The legacy of Roman Abramovich’s possession of Chelsea is ‘troublesome’ for the Premier League, its chief govt Richard Masters has admitted
Abramovich’s hyperlinks to Russian president Vladimir Putin led to UK authorities sanctions and the sale of Chelsea following the invasion of Ukraine in February
The UK authorities had sanctioned Abramovich following Russia’s invasion and frozen his belongings, forcing the sale of Chelsea.
‘It is troublesome to say now, with hindsight, that it is all been good, given what has transpired over the past six-and-a-half months,’ Masters stated forward of the brand new Premier League marketing campaign.
‘I believe for those who ask Chelsea followers, they might offer you a unique reply.
‘I believe the state of affairs we ended with has given the game some challenges we have to satisfy.
‘In the end, there wasn’t an homeowners’ and administrators’ take a look at when Abramovich took possession of Chelsea, so I suppose the reply to the query is, had there been that in place, what would have occurred and what safeguards do we have to construct in for the long run?
Premier League chief Richard Masters stated the homeowners’ and administrators’ take a look at has been strengthened since Abramovich accomplished his Chelsea takeover again in 2003
Chelsea received the Premier League title 5 instances underneath the possession of Roman Abramovich
‘[There is] a rolling take a look at, sure. Prevention is healthier than remedy, is not it?
‘There wasn’t then, there may be now, it is going to change and a part of that truly might be going to be the strengthening of the annual take a look at.’
The homeowners’ take a look at has come underneath scrutiny once more prior to now 12 months with the takeover of Newcastle United by the Saudi Arabian Public Funding Fund [PIF], which was sanctioned by the Premier League regardless of critical issues over the Saudi authorities’s human rights report.
Boehly’s Chelsea takeover was authorized simply 24 hours earlier than the federal government’s Might 31 deadline for the membership to be bought.
American businessman Todd Boehly purchased Chelsea for £4.25billion again in Might
Masters added: ‘You are in distinctive circumstances, nothing like this has occurred earlier than.
‘There was clearly a real concern the sale would not happen within the timeframe that was out there.
‘That did not occur fortunately. Lots of people labored extraordinarily onerous on it on the membership’s finish, the federal government’s finish and the Premier League’s finish to ensure issues have been working as easily as potential.
‘All I can say is we’re very happy that it occurred, clearly.’
The Abramovich period at Chelsea additionally noticed the membership win the Champions League twice, plus the Europa League twice, 5 FA Cups, three League Cups, the UEFA Tremendous Cup and the FIFA Membership World Cup.