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Unko 101
Essay specific features
Written by:
John H
Date added:
October 23, 2014
Level:
University
Grade:
A
No of pages / words:
1 / 263
Was viewed:
5789 times
Rating of current essay:
Essay content:
This is only possible as a friendly deal."
Chelsea have denied reports that Abramovich has lost interest in football and is ready to relinquish control of the club his financial power has revitalised since taking over in 2003.
Abramovich bought Chelsea in a deal worth ?140m and has since pumped ?500m into the club in the form of loans, but with the global economic downturn having wiped a reported ?3bn off his ?11bn fortune there is mounting speculation that he could be tempted to sell up...
displayed 300 characters
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Chelsea's Stamford Bridge. For sale?
Falcon's investment manager, Holger Heims, told Reuters that he is one of a group of eight investors from across Europe, the Middle East and Asia that are considering approaching Russian billionaire Abramovich with a takeover offer.
However, Heims insisted that so far there has been no formal approach or talks with Abramovich, and added that: "We have no intention of launching a hostile takeover...
displayed 300 characters
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