Word: abramoviches
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...fitting that the Champions' League final was held in Moscow, because Chelsea is owned by a Russian billionaire, Roman Abramovich, who made his money investing in denationalized Russian industries. Since he bought the team in 2003, Abramovich has sunk over $1.1 billion into it, and bagged five trophies. That makes each bit of silver pretty expensive, but for a man whose personal fortune is estimated to be as high as $23 billion, the glory appears to be worth the price...
...rapidly in recent years. With legions of foreign stars lured by the piles of cash accumulated from the lucrative sale of TV rights, only a third of players starting games last season would have qualified to play for England. Foreigners now own eight of the 20 teams: Russian Roman Abramovich owns Chelsea, Americans George Gillett and Tom Hicks own Liverpool, and former Thai Prime Minister Thaksin Shinawatra owns Manchester City...
...lost for business," grumbled a top Russian banker on Wednesday. His sentiment may have been shared, at the end of the day, by Russian oligarch Roman Abramovich, whose London-based soccer team Chelsea was beaten 6-5 on penalty kicks by Manchester United in the European Champion's League final played in the Russian capital. But the banker's complaint was simply that he had no way to move around the Moscow to keep appointments, given the traffic restrictions all over the city to allow smooth passage for the 970 special buses whisking Chelsea and United fans, separately, from airports...
...Official commentators covering the match tried drumming up Russian support for Chelsea on the grounds of it being owned by oligarch Abramovich, which, they suggested would mean it could bring Russia a victory by proxy. But the proxy result was a defeat. Much as connoisseurs enjoyed the often dramatic match, a touch of bitterness lingered. A friend summed it up succinctly: "That's what Abramovich spent a billion dollars on? To buy these blue-clad fumblers? What a waste of our money...
...million or more, and their numbers are increasing. Sunseeker's dealers in Dubai "will take anything we can give them," Braithwaite says. Four years ago, Ferretti's Russian market was practically nonexistent. Last year sales there hit $147 million. Rich Russians are following the lead of homegrown multibillionaire Roman Abramovich. He owns three yachts, including the 377-ft. (115 m) Pelorus, and reportedly has a fourth under construction in Germany--the aptly named Eclipse, which at 509 ft. (155 m) would be the world's biggest privately owned ship...