Friday, July 17, 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

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.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Curaçao’s World Cup Goalie Eloy Room Puts Spotlight on the USL

Eloy Room plays for Miami FC in the USL Championship.

Tottenham Boardroom Rivalry Ends With Former Chairman’s Exit

Spurs say they “don’t know anything about” the deal.
Frances Cabral-Delaney

How Arsenal Fandom Went ‘Manic’

“People do not become Arsenal fans because it’s easy,” says Zohran Mamdani.

Man City’s Pep Guardiola Is Leaving: ‘Don’t Ask Me the Reasons’

The six-time Premier League winner ends his epic run one year early.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with MLS Commissioner Don Garber on World Cup, Messi, Future & More

0:00

Featured Today

Tom's Watch Bar

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.

WNBA Union Blasts Chicago Sky For Yet Another Facility Delay

The facility has been delayed multiple times since being announced in 2024.
July 16, 2026

Mark Cuban Gearing Up for Lawsuit Over New Mavs Arena

Cuban seeks to prove Patrick Dumont unlawfully cut him out of opportunities.
Mar 8, 2026; Milwaukee, Wisconsin, USA; Milwaukee Bucks forward Gary Trent Jr. (5) drives for the basket against Orlando Magic guard Jevon Carter (2) in the first quarter at Fiserv Forum.
July 16, 2026

NBA Investigating Gary Trent Jr.’s New Bucks Contract

Trent agreed to a four-year, $64 million deal on July 11.
Sponsored

Clase Azul Tequila Founder’s Soccer Ownership

Arturo Lomeli talks about managing a tequila brand and two soccer clubs.
Jerry Colangelo sits courtside as the GCU Lopes play the Oklahoma State Cowboys at Mortgage Matchup Center on Dec. 6, 2025, in Phoenix, Arizona.
First at FOS
July 15, 2026

Las Vegas Jacks Have Been in the Works for Over a Year

The group paid $2,200 in fees to apply for the two trademarks.
July 12, 2026

Seahawks Set NFL Record With $9.612B Sale to Khosla

Vinod Khosla’s wife will “serve as the controlling owner.”
Jun 20, 2026; Raleigh, North Carolina, USA; Carolina Hurricanes left wing William Carrier (28) and defenseman K'andre Miller (19) walk out with the Stanley Cup trophy during the Stanley Cup championship parade and rally at Raleigh.
July 10, 2026

Dundon Faces Backlash for Engraving Kids’ Names on Stanley Cup

All five names of the owner’s children are on the Stanley Cup.
Feb 8, 2026; Santa Clara, CA, USA; Seattle Seahawks wide receiver Cooper Kupp (10) catches a pass against New England Patriots cornerback Marcus Jones (25) in the first half in Super Bowl LX at Levi's Stadium.
July 9, 2026

Two Bidders Pull Ahead in Seahawks Sale Process

One of the two groups includes at least one former Seahawks player.