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Thread: Premier League - Abramovich worth over £11bn

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    !SHAITAN! Major vabs19's Avatar
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    Talking Premier League - Abramovich worth over £11bn


    Russia's election commission released the details as required for next month's parliamentary election in the Eastern province of Chukotka, where Abramovich is in line to be a parliamentary deputy.
    Since the recent economic downturn, Abramovich's wealth is on the rise again as Forbes magazine estimates the oligarch to be Russia's fourth-richest man.
    But according to Abramovich's spokesman John Mann, the numbers may not show the full extent of his wealth.
    "It is the first time it (Abramovich's wealth) has been published in this format because of the new rules.
    "This shows the interest income on his bank deposits. It is not his full income."
    Abramovich's fortune is mostly held in companies including Millhouse Capital, Eucla Investments Limited, Primerod International Limited and Chelsea Limited, which owns the Premier League club.
    With much of his wealth tied into company investment, the figures released are a fraction of the 44-year-old's oil fortune.
    John Mann believes that these figures could put to bed rumours of Abramovich's tax status.
    "Perhaps the fact that the Russian properties are listed first will encourage reporters to stop falsely reporting that his principle home is London.
    "It will also stop people reporting on properties he has never owned."
    Abramovich's declaration of wealth will increase fascination into how he spends his money outside of lavish investments, such as smashing the British transfer fee record by purchasing former Liverpool striker Fernando Torres for £50 million.
    Apart from the extensive list of residences in several countries, Abramovich's taste in cars may seem less opulent than expected.
    The most luxurious of the vehicles declared is a Mercedes S500L, but a four-year-old Volkswagen Golf fills out his garage.
    "He's a sensible guy," said spokesman Mann about the modest collection. "I guess he doesn't want to give that image."
    Abramovich's more majestic purchases, such as his four super-yachts and collection of private jets and helicopters, were not disclosed in the report.
    The declaration is unlikely to interest the residents and voters from Chukotka, where the average income is estimated at £11,000 a year.
    But Abramovich's work while governor of Chukotka between 2000 and 2008 will not go unnoticed, as he spent a reported £2bn on public facilities as part of Putin's attempts to push oligarchs to give back their wealth to society.
    Campaigners for greater transparency in Russia, such as Elena Panfilova, head of Transparency International's Moscow bureau, have welcomed the declaration.
    "Even if there's a small sliver of light it's already easier to see. We have seen one piece (of his wealth), and hopefully more will appear."
    Some highlights of Abramovich's December 2010 declaration of wealth include:
    Properties
    Seven in Britain, two in the United States, three in France, four in Russia, and one in the Caribbean. Estimated total value of property: £300m
    Cars
    Seven, notably Mercedes S500L (2010), BMW 760Li (2010), VW Golf (2007). Estimated total value of car collection: £650,000
    Cash and shares
    £71.78m across 22 separate bank accounts, £25.48m tied up in shares
    Ownership
    100% of Chelsea Limited (football club estimated worth of £402.19 million), 100% of Lowndes Square Management Company Limited, 100% of Croe France Chateau de la Croe and Eucla Investments Limited, 25% of Primerod International Limited, 100% of Wotton Overseas Holdings Limited, and 100% of Camberley International Investments Limited.

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    Fashionista! Major rockyyyims's Avatar
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    Yep!!and m not surprised!!Boy!Chelsea did change when he took over!!Nice info!1Thanks for sharing!!

    Now ! you are getting naughty !!

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    ||||--MAN OF STEEL--|||| Colonel BADINDIAN's Avatar
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    Chelsea
    I Don't Exactly Hate you!
    However, if you were on fire, and I had water,
    I'd drink it!


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    with losses of 60 Mil Pounds....Chelsea added another 50 Million....spent it on Fernando Torres...on the transfer deadline day...where do u think that came from?
    I Don't Exactly Hate you!
    However, if you were on fire, and I had water,
    I'd drink it!


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    !SHAITAN! Major vabs19's Avatar
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    Quote Originally Posted by BADINDIAN View Post
    with losses of 60 Mil Pounds....Chelsea added another 50 Million....spent it on Fernando Torres...on the transfer deadline day...where do u think that came from?
    He's a Man With Deep Pocket's!!U know where It's Coming 4m??I Guess yaha Kaafi Kaam Log Soccer Follow Karte hain But Good 2 know U R There!!

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    Quote Originally Posted by vabs19 View Post
    He's a Man With Deep Pocket's!!U know where It's Coming 4m??I Guess yaha Kaafi Kaam Log Soccer Follow Karte hain But Good 2 know U R There!!
    no soccer....football

    soccer is for americans

    Football = 2nd love (after cricket)
    Chelsea = Fav club....blue for ever
    I Don't Exactly Hate you!
    However, if you were on fire, and I had water,
    I'd drink it!


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    absolutely...in fact da actual value of his assets is supposed to be much more than £ 11 billion...
    dont like chelsea too much actually...m a Liverpool fan!
    thx 4 sharin' anyways...

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    Quote Originally Posted by ENIGMA_BOY View Post
    absolutely...in fact da actual value of his assets is supposed to be much more than £ 11 billion...
    dont like chelsea too much actually...m a Liverpool fan!
    thx 4 sharin' anyways...
    liverpool?!?!

    Torres...u ppl spoilt him
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    I'd drink it!


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