Saturday, October 31, 2026

Former Chelsea Owner Secretly Funded Takeover of Dutch Club

  • Roman Abramovich, the former owner of Chelsea, bankrolled a Dutch team for a decade.
  • The team was owned by a succession of oligarchs with ties to Abramovich.
Sanctioned former Chelsea FC owner Roman Abramovich
Shutterstock

Want more from Front Office Sports
in your search results?

Add Front Office Sports on Google

Chelsea’s former owner had deeper tentacles in European soccer than previously known.

Roman Abramovich, the Russian oligarch who was forced to sell his Premier League club by the U.K. government after Russia invaded Ukraine, secretly funded the takeover of Vitesse Arnhem, a top-division club in the Netherlands, according to the Guardian. 

The oligarch proceeded to bankroll the Dutch club for years after, loaning it $127.6 million by 2015.

This financial arrangement came to light in what are being called the Oligarch Files, a cache of leaked data from a Cyprus-based offshore service provider called MeritServus.

Former Georgian player Merab Jordania, who is friendly with Abramovich, bought Vitesse Arnhem in 2010. Chelsea loaned many players to Vitesse Arnhem over the next decade.

Jordania, who owns Maltese club Valletta FC, left Vitesse Arnhem in 2013 and was replaced by another associate of Abramovich’s, Alexander Chigirinsky. 

A Chelsea FC banner is waved over the field at Stamford Bridge stadium.

Chelsea FC Reports $149M Net Loss Due to Sanctions

Sanctions against previous Chelsea owner Roman Abramovich financially restricted the club.
March 27, 2023

Another Russian oligarch close to Abramovich, Valeriy Oyf, became majority shareholder in 2018. In March 2022, Oyf said he would resign from the team’s board and sell his shares in light of the Russia-initiated war.

The Royal Netherlands Football Association investigated the team’s connections to Chelsea in 2010 and 2015 but found no indications of managerial influence over the Dutch club.

Chelsea was taken over by the U.K. government and sold to a group led by Los Angeles Dodgers, Lakers, and Sparks co-owner Todd Boehly and Clearlake Capital in a deal worth more than $5 billion, factoring in the team purchase itself and promised investments.

Download the FOS App

The business of sports, in your pocket.

QR code to download the app

Scan the QR code to get the app now.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Mark Walter’s Sports Empire Shrinking Again

The Dodgers and Cadillac F1 remain in Walter’s portfolio despite other sales.

MLS Not Looking Into NYCFC Owners Over Man City Violations

Manchester City was found guilty of breaching Premier League financial rules.

U.K. PM Vows Transparency Over Man City Meetings

As mayor of Manchester, Andy Burnham met with Manchester City FC execs.
Action Images/Peter Cziborra

Is Leicester City’s $264 Million Price Tag Too Rich for Hungry Investors?

After falling from grace, how much is a former top club worth?
podcast thumbnail mobile
Front Office Sports Today

10/30/26 – First WNBA Game 7, Utah Targets Kalshi Founders, Cowboys Cheerleaders Unionize

0:00

Featured Today

How Injuries Hit Pro Marathoners in the Wallet

Staying healthy can get expensive—quickly.
Football - NFL - Houston Texans v Jacksonville Jaguars - Wembley Stadium, London, Britain - October 18, 2026 The necklace of a Jacksonville Jaguars fan outside the stadium before the match
October 21, 2026

Die-Hard Sports Fandom Has Reached the Afterlife

Will fans pay $6,000 to memorialize their team loyalty?
October 20, 2026

Why Europe Is Pumping Out NBA Superstars

The NBA and NCAA have an increasingly European flavor.
October 15, 2026

College Flag Football Is Outgrowing Its DIY Era

Women have been building the college game themselves at the club level.
Oct 5, 2026; Pittsburgh, Pennsylvania, USA; Pittsburgh Penguins general manager Kyle Dubas arrives at the arena before the Penguins host the Winnipeg Jets at PPG Paints Arena
October 12, 2026

NHL’s New Wave of GMs Is Built Different

“I am in the prediction business,” Devils GM Sunny Mehta tells FOS.
Josh Kushner attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2026.
Exclusive

Josh Kushner, Bob Iger Shopping Lakers Stakes Starting at $250M

Sources tell FOS there has been massive interest in minority stakes.
Houston Comets
October 29, 2026

New Houston Comets Logos Revealed in Trademark Filings

The Comets are expected to officially announce their team logos Thursday.
Oct 28, 2026; St. Petersburg, Florida, USA; Milwaukee Brewers catcher William Contreras (24) celebrates with the MVP trophy after defeating the Tampa Bay Rays in game five of the 2026 World Series at Tropicana Field.
October 29, 2026

Despite MLB Uncertainty, Most of Brewers Roster Will Remain Intact

Most of Milwaukee’s roster is in place for the 2027 season.
Sponsored

How the New York Yankees Stay Game-Ready with Sage Intacct

See how Sage Intacct helps the Yankees streamline finances and plan for the future.
Oct 8, 2026; Arlington, Texas, USA; The Dallas Cowboys cheerleaders perform during the game between the Cowboys and the Buccaneers at AT&T Stadium
October 28, 2026

Why the Dallas Cowboys Cheerleaders Are Unionizing

Will the cheer squad get what they want at the bargaining table?
October 28, 2026

Chiefs Bring In Justin Tucker As Their $25.6M Kicker Struggles

The former All-Pro gives K.C. an alternative to struggling Harrison Butker.
October 27, 2026

Carlie Irsay-Gordon Reshaping Colts As Fire Sale Begins

The Colts traded Quenton Nelson and DeForest Buckner on Tuesday.
Jun 18, 2026; New York, NY, USA; CEO of MSG Network James Dolan smiles during the New York Knicks Championship Parade through the Canyon of Heroes.
October 27, 2026

James Dolan Gets $10M Bonus As Knicks-Rangers Spin-Off Closes

“It’s a healthy award,” an executive compensation expert tells FOS.