Abramovich says he has not asked for Chelsea loan to be repaid

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The loan Abramovich made to Chelsea is reported to total 1.5 billion pounds ($1.85 billion).

“Firstly, Mr. Abramovich’s intentions in relation to gifting the proceeds from the Chelsea sale to charity have not changed,” his spokesperson said in a statement published“Secondly, Mr. Abramovich has not asked for any loan to be repaid to him – such suggestions are entirely false – as are suggestions that Mr. Abramovich increased the price of the club last minute.Article content

The spokesperson added the loan has also become subject to European Union sanctions and requires additional approvals.

 

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