• Loading stock data...
Tuesday, December 9, 2025

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.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jul 27, 2024; Vancouver, British Columbia, CAN; Wrexham AFC defender Max Cleworth (4) goes up for a header against Vancouver Whitecaps FC during the second half at BC Place.

Wrexham Welcomes Private Capital Giant Apollo As Minority Owner

It’s the PE firm’s second soccer investment since launching Apollo Sports Capital.
Nov 23, 2025; Inglewood, California, USA; Tampa Bay Buccaneers wide receiver Tez Johnson (15) poses for a television camera after scoring a touchdown against the Los Angeles Rams during the second quarter at SoFi Stadium.

Fubo-NBCUniversal Is Latest Carriage Dispute to Hit Subscribers

NBCUniversal channels are now gone from the streaming-based service.
Oct 12, 2025; Tottenham, United Kingdom; The Golden Cockerel at Tottenham Hotspur Stadium during an NFL International Series game.

Tottenham Insists It’s Not for Sale As Buyers Circle

“Everyone knows damn well they’re for sale,” one source tells FOS.

Featured Today

The Los Angeles Chargers host executives from UCLA Health on Wednesday, August 7, 2024 at The Bolt in El Segundo, CA.

The Multibillion-Dollar Business of Pro Athlete Recovery

What started as ice baths has evolved into a multibillion-dollar industry.
Big League Wiffle Ball
November 29, 2025

Celebrity-Backed Wiffle Ball Has Big-League Aspirations

Big League Wiffle Ball team owners include Kevin Costner and David Adelman.
November 24, 2025

How NBA Arena Experiences Went Ultra-Luxe

For the most connected guests, the game has become a secondary attraction.
Nov 23, 2025; Inglewood, California, USA; Los Angeles Rams quarterback Matthew Stafford (9) throws a pass against the Tampa Bay Buccaneers during the fourth quarter at SoFi Stadium.
November 24, 2025

Stafford, Rams Rise From the Pack to Super Bowl Contention

The NFL team now has the top odds to win Super Bowl LX.

NFL’s Most-Watched Team Is on the Brink of Playoff Exclusion

The defending AFC champions have only a slim shot of a playoff return.
December 3, 2025

Calls for Change Grow Louder for Steelers’ Tomlin. His Next Move?

The NFL’s longest-tenured coach is facing heightened scrutiny.
Nov 15, 2025; Raleigh, North Carolina, USA; Carolina Hurricanes defenseman Shayne Gostisbehere (4) celebrates with teammates after scoring a goal against the New York Rangers during the second period at Lenovo Center.
December 3, 2025

Dundon in Talks to Sell Hurricanes Stake to Fund Blazers Buy

A deal could reportedly value the NHL team at $2 billion.
Sponsored

On Location is Turning the 2026 Winter Olympics into the Ultimate Hospitality..

On Location is redefining the Olympic experience by creating lasting connections beyond the Games.
Jalen Williams
December 2, 2025

The Thunder Are 20–1. Their Future Is Even Brighter

OKC has the league’s best record and a war chest of picks.
Waverly took on Mt. Healthy in varsity football action at Waverly High School on October 25, 2024, in Waverly, Ohio.
November 27, 2025

High Schools Walk Legal Tightrope Using Trademarked Pro Logos

Borrowing a college or pro team’s mark can be a risk.
Jul 9, 2025; East Rutherford, New Jersey, USA; Real Madrid CF defender Eder Militao (3) in action with Paris Saint-Germain midfielder Warren Zaire-Emery (33) during a semifinal match of the 2025 FIFA Club World Cup at MetLife Stadium.
November 26, 2025

Real Madrid Stake Sale Could Prove It’s World’s Most Valuable Franchise

“They’d be number one,” multiclub owner John Textor tells Front Office Sports.
Nov 24, 2025; San Diego, California, USA; Minnesota United forward Kelvin Yeboah (9) heads the ball against San Diego FC defender Jeppe Tverskov (6) during the first half at Snapdragon Stadium.
November 25, 2025

San Diego FC Isn’t Performing Like an Expansion Team 

The club averaged 28,064 per game in attendance at home.