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Former Chelsea owner denies tax charges

Former Chelsea owner denies tax charges

Lawyers for Russian billionaire Roman Abramovich, the former owner of Chelsea Football Club, denied his involvement in tax evasion, dismissing a BBC investigation that accused him of forging documents to hide his wealth and facilitate tax evasion. They stated that his recorded assets disappeared from accounts in Cyprus in 2003, valued at approximately $672 million, and that his partners concealed assets worth over $2 billion and more than $10 billion in his other companies. The attorneys emphasized that Abramovich denies any wrongdoing and was not aware of any forgeries, pointing out that he was involved in daily management. Abramovich was forced to sell Chelsea in 2022, having previously acquired the club for around $3.3 billion, a sum the British government froze and demanded be used to aid Ukraine, while he himself requests more flexibility in how the funds are used.

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