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'Net proceeds'

Page 1 of 2

posted on 3/3/22

Gross proceeds from the sale, minus the loans he is owed and cost of purchasing. Loans = £1.5bn, purchase price was £150m. So anything over £1.65bn will go to Ukraine fund.

comment by Scouse (U9675)

posted on 3/3/22

The statement said "....victims of the war in Ukraine".

That could mean injured Russian soldiers.

posted on 3/3/22

Surely the money will get frozen before...

posted on 3/3/22

comment by Scouse (U9675)
posted 4 minutes ago
The statement said "....victims of the war in Ukraine".

That could mean injured Russian soldiers.
----------------------------------------------------------------------
It probably means just that.

posted on 3/3/22

comment by HB Fash (U21935)
posted 2 minutes ago
Surely the money will get frozen before...
----------------------------------------------------------------------

Can you substantiate your hypothesis?

posted on 3/3/22

Well Johnson said Abramovich would be sanctioned, then backtracked and Starmer asked him again yesterday why not. Navalny has implicated him in Putin's circle.

The Home Office leaked document says he has links to the Russian state as well as to “corrupt activity and practices"

He's trying to sell everything at speed to get his assets out of the UK, so he senses it's coming and it will but the issue is who has he got dirt on. That's the reason we're delaying, giving him time to get as much out as possible. No doubt the sanctions will come just in time to stop him selling a few minor assets and we will all be expected to believe we did all we could.

You seem in favour of a quick sale, i'd have money on that biting you back down the line.

comment by Ruiney (U1005)

posted on 3/3/22

comment by Scouse (U9675)
posted 12 minutes ago
The statement said "....victims of the war in Ukraine".

That could mean injured Russian soldiers.
----------------------------------------------------------------------
He probably sees Putin as the victim

posted on 3/3/22

comment by CFC: Quad stoppers (U20729)
posted 4 minutes ago
comment by HB Fash (U21935)
posted 2 minutes ago
Surely the money will get frozen before...
----------------------------------------------------------------------

Can you substantiate your hypothesis?
----------------------------------------------------------------------

Any other sanctioned Russian would have assets frozen - bank accounts, companies etc - and they would not be able to extract their money.

For whatever reason RA has not been sanctioned, seems like a deal has been struck allowing him to extract himself and his assets, without harming CFC, and without making profits from his whole CFC venture.

He must have greased some palms to strike this deal.

posted on 3/3/22

Abramovic is obviously not to be trusted, so all the 'net proceeds' 'charitable foundation' stuff needs to be treated with skepticism.
Meanhile, hell be busy ridding himself of other assets due to the generous transfer of funds window, this government have allowed him, and others like him.
Abramovic is a crook, a wealthy, legitimised one, but a crook all the same.

posted on 3/3/22

Comment deleted by Site Moderator

posted on 3/3/22

comment by HB Fash (U21935)
posted 17 minutes ago
Well Johnson said Abramovich would be sanctioned, then backtracked and Starmer asked him again yesterday why not. Navalny has implicated him in Putin's circle.

The Home Office leaked document says he has links to the Russian state as well as to “corrupt activity and practices"

He's trying to sell everything at speed to get his assets out of the UK, so he senses it's coming and it will but the issue is who has he got dirt on. That's the reason we're delaying, giving him time to get as much out as possible. No doubt the sanctions will come just in time to stop him selling a few minor assets and we will all be expected to believe we did all we could.

You seem in favour of a quick sale, i'd have money on that biting you back down the line.
----------------------------------------------------------------------

So no evidence at all. Pure speculation?

posted on 3/3/22

comment by CFC: Quad stoppers (U20729)
posted 31 minutes ago
comment by HB Fash (U21935)
posted 17 minutes ago
Well Johnson said Abramovich would be sanctioned, then backtracked and Starmer asked him again yesterday why not. Navalny has implicated him in Putin's circle.

The Home Office leaked document says he has links to the Russian state as well as to “corrupt activity and practices"

He's trying to sell everything at speed to get his assets out of the UK, so he senses it's coming and it will but the issue is who has he got dirt on. That's the reason we're delaying, giving him time to get as much out as possible. No doubt the sanctions will come just in time to stop him selling a few minor assets and we will all be expected to believe we did all we could.

You seem in favour of a quick sale, i'd have money on that biting you back down the line.
----------------------------------------------------------------------

So no evidence at all. Pure speculation?
----------------------------------------------------------------------
I mentioned on another thread so will copy and paste my comments:

Normally sanctions are announced after they have been implemented. By way of example in the UK finance industry if an individual forewarns an entity of imminent/impending sanctions, they would be in breach of UK AML (anti money laundering) regulations. And subject to a fine and up to 7 years in prison for 'tipping off'

https://www.cps.gov.uk/legal-guidance/money-laundering-offences#:~:text=of%20an%20offence.-,Tipping%20Off,business%20in%20the%20regulated%20sector.

https://www.gov.uk/government/publications/ofsi-guidance-html-documents/uk-financial-sanctions-general-guidance-for-financial-sanctions-under-the-sanctions-and-anti-money-laundering-act-2018

Johnson's sanctions announcement on the 22 Feb is tantamount to the police phoning up a drug dealer, telling them they will be raiding their home in a week or two to search for drugs.

posted on 3/3/22

comment by What would Stuart Pearce do? Who do you think ... (U3126)
posted 8 minutes ago
comment by CFC: Quad stoppers (U20729)
posted 31 minutes ago
comment by HB Fash (U21935)
posted 17 minutes ago
Well Johnson said Abramovich would be sanctioned, then backtracked and Starmer asked him again yesterday why not. Navalny has implicated him in Putin's circle.

The Home Office leaked document says he has links to the Russian state as well as to “corrupt activity and practices"

He's trying to sell everything at speed to get his assets out of the UK, so he senses it's coming and it will but the issue is who has he got dirt on. That's the reason we're delaying, giving him time to get as much out as possible. No doubt the sanctions will come just in time to stop him selling a few minor assets and we will all be expected to believe we did all we could.

You seem in favour of a quick sale, i'd have money on that biting you back down the line.
----------------------------------------------------------------------

So no evidence at all. Pure speculation?
----------------------------------------------------------------------
I mentioned on another thread so will copy and paste my comments:

Normally sanctions are announced after they have been implemented. By way of example in the UK finance industry if an individual forewarns an entity of imminent/impending sanctions, they would be in breach of UK AML (anti money laundering) regulations. And subject to a fine and up to 7 years in prison for 'tipping off'

https://www.cps.gov.uk/legal-guidance/money-laundering-offences#:~:text=of%20an%20offence.-,Tipping%20Off,business%20in%20the%20regulated%20sector.

https://www.gov.uk/government/publications/ofsi-guidance-html-documents/uk-financial-sanctions-general-guidance-for-financial-sanctions-under-the-sanctions-and-anti-money-laundering-act-2018

Johnson's sanctions announcement on the 22 Feb is tantamount to the police phoning up a drug dealer, telling them they will be raiding their home in a week or two to search for drugs.
----------------------------------------------------------------------

Do you have two usernames? Are HB too?

posted on 3/3/22

comment by CFC: Quad stoppers (U20729)
posted 11 minutes ago
comment by What would Stuart Pearce do? Who do you think ... (U3126)
posted 8 minutes ago
comment by CFC: Quad stoppers (U20729)
posted 31 minutes ago
comment by HB Fash (U21935)
posted 17 minutes ago
Well Johnson said Abramovich would be sanctioned, then backtracked and Starmer asked him again yesterday why not. Navalny has implicated him in Putin's circle.

The Home Office leaked document says he has links to the Russian state as well as to “corrupt activity and practices"

He's trying to sell everything at speed to get his assets out of the UK, so he senses it's coming and it will but the issue is who has he got dirt on. That's the reason we're delaying, giving him time to get as much out as possible. No doubt the sanctions will come just in time to stop him selling a few minor assets and we will all be expected to believe we did all we could.

You seem in favour of a quick sale, i'd have money on that biting you back down the line.
----------------------------------------------------------------------

So no evidence at all. Pure speculation?
----------------------------------------------------------------------
I mentioned on another thread so will copy and paste my comments:

Normally sanctions are announced after they have been implemented. By way of example in the UK finance industry if an individual forewarns an entity of imminent/impending sanctions, they would be in breach of UK AML (anti money laundering) regulations. And subject to a fine and up to 7 years in prison for 'tipping off'

https://www.cps.gov.uk/legal-guidance/money-laundering-offences#:~:text=of%20an%20offence.-,Tipping%20Off,business%20in%20the%20regulated%20sector.

https://www.gov.uk/government/publications/ofsi-guidance-html-documents/uk-financial-sanctions-general-guidance-for-financial-sanctions-under-the-sanctions-and-anti-money-laundering-act-2018

Johnson's sanctions announcement on the 22 Feb is tantamount to the police phoning up a drug dealer, telling them they will be raiding their home in a week or two to search for drugs.
----------------------------------------------------------------------

Do you have two usernames? Are HB too?
----------------------------------------------------------------------
HB is user U21935.

comment by SteveF (U22027)

posted on 3/3/22

I cannot believe there are Chelsea fans ( including this poster ) who seriously still think Abramovich won't want his 1.5 billion "loan" back !!!

You either have absolutely no knowledge of finances, or are just so blind and deluded by thinking about all those cups that were bought with HIS dirty money.

In answer to the question, yep he will want his 1.5 billion back before anything goes to charity.

posted on 3/3/22

My understanding was he said he will not ask for his loan back. Probably because it'll just get seized.
Leaves the question, how will he sell the club and get the $?

If he writes off his debt it only increases the sale value of the club anyway so really it's quite smart how he has spun it.

posted on 3/3/22

comment by CFC: Quad stoppers (U20729)
posted 1 hour, 29 minutes ago
comment by HB Fash (U21935)
posted 17 minutes ago
Well Johnson said Abramovich would be sanctioned, then backtracked and Starmer asked him again yesterday why not. Navalny has implicated him in Putin's circle.

The Home Office leaked document says he has links to the Russian state as well as to “corrupt activity and practices"

He's trying to sell everything at speed to get his assets out of the UK, so he senses it's coming and it will but the issue is who has he got dirt on. That's the reason we're delaying, giving him time to get as much out as possible. No doubt the sanctions will come just in time to stop him selling a few minor assets and we will all be expected to believe we did all we could.

You seem in favour of a quick sale, i'd have money on that biting you back down the line.
----------------------------------------------------------------------

So no evidence at all. Pure speculation?
----------------------------------------------------------------------
Leave ma Roman alone, he's a saint so he is.

comment by Scouse (U9675)

posted on 3/3/22

comment by What would Stuart Pearce do? Who do you think you are kidding Mr.... (U3126)


Johnson's sanctions announcement on the 22 Feb is tantamount to the police phoning up a drug dealer, telling them they will be raiding their home in a week or two to search for drugs.
----------------------------------------------------------------------

This

posted on 3/3/22

comment by Scouse (U9675)
posted 1 hour, 6 minutes ago
comment by What would Stuart Pearce do? Who do you think you are kidding Mr.... (U3126)


Johnson's sanctions announcement on the 22 Feb is tantamount to the police phoning up a drug dealer, telling them they will be raiding their home in a week or two to search for drugs.
----------------------------------------------------------------------

This
----------------------------------------------------------------------

Rich people in one step ahead shocker!

posted on 3/3/22

comment by CFC: Quad stoppers (U20729)
posted 19 minutes ago
comment by Scouse (U9675)
posted 1 hour, 6 minutes ago
comment by What would Stuart Pearce do? Who do you think you are kidding Mr.... (U3126)


Johnson's sanctions announcement on the 22 Feb is tantamount to the police phoning up a drug dealer, telling them they will be raiding their home in a week or two to search for drugs.
----------------------------------------------------------------------

This
----------------------------------------------------------------------

Rich people in one step ahead shocker!
----------------------------------------------------------------------
If you look at other countries, many were able to implement a wide range of economic sanctions very quickly, and without giving those targeted a 'heads up' beforehand.

posted on 3/3/22

comment by What would Stuart Pearce do? Who do you think ... (U3126)
posted 6 minutes ago
comment by CFC: Quad stoppers (U20729)
posted 19 minutes ago
comment by Scouse (U9675)
posted 1 hour, 6 minutes ago
comment by What would Stuart Pearce do? Who do you think you are kidding Mr.... (U3126)


Johnson's sanctions announcement on the 22 Feb is tantamount to the police phoning up a drug dealer, telling them they will be raiding their home in a week or two to search for drugs.
----------------------------------------------------------------------

This
----------------------------------------------------------------------

Rich people in one step ahead shocker!
----------------------------------------------------------------------
If you look at other countries, many were able to implement a wide range of economic sanctions very quickly, and without giving those targeted a 'heads up' beforehand.
----------------------------------------------------------------------

But do the oligarchs have as far-reaching influence as here?

Every country is different: London are a financial hub and has always welcomed dirty money

posted on 3/3/22

comment by Scouse (U9675)
posted 1 hour, 49 minutes ago
comment by What would Stuart Pearce do? Who do you think you are kidding Mr.... (U3126)


Johnson's sanctions announcement on the 22 Feb is tantamount to the police phoning up a drug dealer, telling them they will be raiding their home in a week or two to search for drugs.
----------------------------------------------------------------------

This
----------------------------------------------------------------------
…and we’ve criticised heavily within the EU for basically tipping off the oligarchs.

The French just seized Usmanov’s yacht without prior warning.

posted on 3/3/22

comment by CFC: Quad stoppers (U20729)
posted 7 minutes ago
comment by What would Stuart Pearce do? Who do you think ... (U3126)
posted 6 minutes ago
comment by CFC: Quad stoppers (U20729)
posted 19 minutes ago
comment by Scouse (U9675)
posted 1 hour, 6 minutes ago
comment by What would Stuart Pearce do? Who do you think you are kidding Mr.... (U3126)


Johnson's sanctions announcement on the 22 Feb is tantamount to the police phoning up a drug dealer, telling them they will be raiding their home in a week or two to search for drugs.
----------------------------------------------------------------------

This
----------------------------------------------------------------------

Rich people in one step ahead shocker!
----------------------------------------------------------------------
If you look at other countries, many were able to implement a wide range of economic sanctions very quickly, and without giving those targeted a 'heads up' beforehand.
----------------------------------------------------------------------

But do the oligarchs have as far-reaching influence as here?

Every country is different: London are a financial hub and has always welcomed dirty money
----------------------------------------------------------------------
Whilst London (Canary Wharf) is no longer the power it once was, irrespective of power dynamics, the UK PM stated there would be sanctions levied against RA but has (to date) failed to do so.

posted on 3/3/22

comment by What would Stuart Pearce do? Who do you think ... (U3126)
posted 52 minutes ago
comment by CFC: Quad stoppers (U20729)
posted 7 minutes ago
comment by What would Stuart Pearce do? Who do you think ... (U3126)
posted 6 minutes ago
comment by CFC: Quad stoppers (U20729)
posted 19 minutes ago
comment by Scouse (U9675)
posted 1 hour, 6 minutes ago
comment by What would Stuart Pearce do? Who do you think you are kidding Mr.... (U3126)


Johnson's sanctions announcement on the 22 Feb is tantamount to the police phoning up a drug dealer, telling them they will be raiding their home in a week or two to search for drugs.
----------------------------------------------------------------------

This
----------------------------------------------------------------------

Rich people in one step ahead shocker!
----------------------------------------------------------------------
If you look at other countries, many were able to implement a wide range of economic sanctions very quickly, and without giving those targeted a 'heads up' beforehand.
----------------------------------------------------------------------

But do the oligarchs have as far-reaching influence as here?

Every country is different: London are a financial hub and has always welcomed dirty money
----------------------------------------------------------------------
Whilst London (Canary Wharf) is no longer the power it once was, irrespective of power dynamics, the UK PM stated there would be sanctions levied against RA but has (to date) failed to do so.
----------------------------------------------------------------------

I thought he did and then retracted the comment about Roman

posted on 3/3/22

comment by SteveF (U22027)
posted 3 hours, 12 minutes ago
I cannot believe there are Chelsea fans ( including this poster ) who seriously still think Abramovich won't want his 1.5 billion "loan" back !!!

You either have absolutely no knowledge of finances, or are just so blind and deluded by thinking about all those cups that were bought with HIS dirty money.

In answer to the question, yep he will want his 1.5 billion back before anything goes to charity.
----------------------------------------------------------------------

Happy to listen to all opinions; what do you base this on? Can you substantiate this?

All I know is what he has said so far…


‘I will not be asking for any loans to be repaid. This has never been about business nor money for me, but about pure passion for the game and club,’ said Abramovich.

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