How much did Roman Abramovich pay for Chelsea?

Chelsea owner Roman Abramovich confirmed on Wednesday that he was looking to sell the club.

“The sale of the club will not be expedited but will follow due process,” he said in a statement posted on the club’s official website. “I will not ask for any loan repayments. It was never about business or money for me, but pure passion for the game and the club.”

He added that with the net proceeds from the sale he would set up a charitable foundation “for the benefit of all victims of the war in Ukraine. [which] includes providing essential funds for the urgent and immediate needs of victims, as well as supporting long-term recovery work. »

MORE: Chelsea owner Roman Abramovich sells the club | Who will buy Chelsea?

How much did Roman Abramovich pay for Chelsea?

Roman Abramovich is believed to have paid around £140m ($233m at the time) for the club in 2003. He bought the club in June of the same year from Ken Bates, who himself bought the club in 1982. However, buying Bates was only priced at £1 – although he also had to run up debts of £1.5m at the time.

How much has Roman Abramovich invested in Chelsea?

Since buying Chelsea in 2003, Roman Abramovich has invested more than £1 billion ($1.4 billion). His loans to the club are believed to be around £1.5 billion ($2 billion).).

Estimates from Transfermarkt suggest that since Abramovich bought the club, expenditure has totaled £2.1 billion ($2.8 billion) for 490 incoming players. Around the same number of players were offloaded, including 487 leaving Stamford Bridge – but for a much lower fee. That means net spending was almost £1 billion ($1.3 billion).

This includes a spell when Chelsea received a transfer ban for two windows in 2019-20 for problems related to the recruitment of their academy.

The money was splashed considerably in the first year of Abramovich’s reign, with $162m spent, a single-season high of $337m in 2017-18 and $136m in 2021-22 .

What is Chelsea FC worth today?

According to Forbes, the club was worth around £2.4 billion ($3.2 billion) in April 2021, but a KPMG valuation now suggests it’s worth £1.5 billion ($2.1 billion). dollars).

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