Sunday, October 4, 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

Bezos’s Liverpool–Amazon Entanglement Is New for English Soccer

Bezos’s Prime Video has Tuesday night Champions League rights in the UK.

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.

Premier League Clubs Spend Record $4.7B on Player Transfers

The Premier League’s transfer spending dwarfed the rest of Europe’s Big Five.
Mark Walter, CEO of Guggenheim Partners, speaks during a reception hosted by U.S. President Donald Trump for the reigning Major League Baseball (MLB) World Series champion Los Angeles Dodgers in the Rose Garden at the White House, Washington, D.C., U.S., July 23, 2026.

Walter’s Company Says There’s No Fraud, No Victim, and No Fire Sale

TWG Global insists the Dodgers are not up for grabs.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Randy Levine on the Yankees’ $2.6B Apollo Deal and the Protect College Sports Act

0:00

Featured Today

Oct 4, 2025; Tempe, AZ, USA; General action during the first period of the game between the Arizona State Sun Devils and the Penn State Nittany Lions at Mullett Arena

How Military-Style Workouts in College Sports Get Dangerous

For elite athletes, high-intensity training can be “very appealing.”
September 6, 2026

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 3, 2026

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
September 1, 2026

High School Football Sidelines Are Clogged With Content Creators

Administrators call these amateur newcomers the “pajama paparazzi.”
Aug 3, 2026; Washington, D.C., USA; Alexandra Eala (PHI) kisses the championship trophy during the trophy ceremony after her match against Jessica Pegula (USA) (not pictured) in the women's singles final of the 2026 Mubadala DC Open at Rock Creek Park Tennis Center. Mandatory Credit: Geoff Burke-Imagn Images
August 30, 2026

How Alex Eala Turned the Philippines Into a Tennis Nation

A December homecoming match could break tennis’s attendance record.

Clippers Reverse Course and Accept NBA Punishment

Steve Ballmer said he has “sincere regrets.”
Sep 9, 2026; Los Angeles, California, USA; Los Angeles Dodgers two-way player Shohei Ohtani (17) looks on during the first inning against the Cincinnati Reds at Dodger Stadium.
September 10, 2026

Ohtani Heads to Injured List as Dodgers Aim for Third Title

The two-way phenom is making a rare trip to the injured list.
September 11, 2026

49ers Win Battle of Australia Travel Plans

The Niners blew out the Rams on Thursday.
Sponsored

Drew Weatherford’s Bet on the Youth Sports Economy

Drew Weatherford discusses investing across the youth, college and professional levels.
September 8, 2026

Mayfield, Bucs Break Impasse With Three-Year Extension

The deal runs through the 2029 season.
Aug 30, 2026; Woodland Hills, CA, USA; Los Angeles Rams coach Sean McVay at practice at the Rams Practice Facility
September 5, 2026

Why Are the Niners and Rams Getting to Australia a Week Apart?

The 49ers are already there, while the Rams have yet to leave.
Washington Redskins football shirts and a team flag on sale at a sporting goods store in Bailey's Crossroads, Virginia, U.S., June 24, 2020. REUTERS/Kevin Lamarque
September 4, 2026

Native Leaders to Commanders: Drop Old Name for Good

The franchise says there are no plans to revert to its old name.
Aug 25, 2017; Seattle, WA, USA; General overall view of Seattle Seahawks logo at CenturyLink Field during a NFL football game against the Kansas City Chiefs. Mandatory Credit: Kirby Lee-USA TODAY Sports
Exclusive
September 4, 2026

Mark Stevens Is Seahawks’ Top Minority Investor

Other investors joined the Seahawks’ new ownership from the Mittal-Grousbeck group.