Monthly Archives: July 2012

The Man Who Owns Chelsea, Roman Abramovich

People know Roman Abramovich as one of the richest persons in the world. As per stats he is the 9th richest person in Russia and the 68th richest person in the world. His total wealth is estimated to be around US $12 billion.

Abramovich is a business tycoon whom no one thought would be that big one day. Orphaned at a very young age, he was brought up by his uncles and was never among the brightest students at school.

Not much is known about his education and he is considered to be one of the most contentious personalities. Famous as the Chelsea F.C. owner, he in his autobiography mentioned that he is a law school graduate; however, rumors seem to deny it.

In Russia, he is famous for his handling of the business. The man used his great tactics and strategies to control the Russian markets. However, all this is very controversial as he has a history of wrongdoing and has also been arrested on several occasions.

Some of his most famous scandals include the 1992 case when he was arrested for theft of government property. He was blamed of stealing oil by changing the agreements and using his influences. The man co-operated with the authorities, which result in the charges getting dropped.  The situation was solved when the aggrieved party got compensated for the loss suffered.

Other infamous incidents include his bribe and law violating stories. On several occasions, he has been caught giving bribe to officials to get his work done. Bribery, an illegal act, has got him in trouble several times. Another example of him breaking the rules is his company overcharging customers for coking coal. This falls under the monopoly rules.

He has a strong team of lawyers who are always ready to help him when he gets in legal trouble; however, his rendezvous with such activities isn’t going down.

He is not only rich and influential, but is also among some of the most notorious personalities. The man who on several occasions has proven that nothing can take him down is famously known as the big mouthed Chelsea football club owner.

He became the Chelsea owner in 2003, shocking fans and the world. The club post the change took a different turn and moved towards global fame and prosperity.

With his decisions, Abramovich proved why he is considered a genius. The changes he brought turned out to be really good as the Chelsea tickets sales increased and so did the ranking. He also announced plans of introducing state-of-the-art training club to produce new talent who can take over from those who were at the twilight of their career.

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Now, that Chelsea has the finances, it is on a roll. Recently, it hired one of the most expensive players, Fernando Torres, for a free rumored to be close to £50 million. Under his ownership the club has only grown and won the Champions League last year.

The fact that Abramovich is controversial cannot be denied, but at the same time the genius in him is hard to neglect too. He has proven himself to the world as a trustworthy owner who knows how to take the right decisions.

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Posted by on July 16, 2012 in Uncategorized


Liverpool Club Owner-1 Review

Another victim has been added to the list of people claimed by the Liverpool football club owner. Fenway Sports Group fired Kenny Dalglish in May this year. It was a shocking and unexpected development that attracted a lot of attention. Likewise Damien Comolli the director of football and Peter Brukner the head of medicine and sport science were also fired earlier this year.

Kenny Dalglish has departed suddenly at a press conference, without making anything obvious. His colleagues were shocked when they came to learn about the unfortunate unfolding of events. They all expressed their concerns about the unexpected scenario. However, Liverpool tickets are still being sold. Fans are still looking forward to the next match.

The reason for his sudden exit from the club remains unclear. It does seem however that his being fired was a price he paid for the anticipated damage to the club’s reputation. Kenny Dalglish was not able to handle the race row (Luis Suarez-Patrice Evra) this season.

Recently the FSG seems to have gotten a little ruthless. However, a lot of morale-boosting has been going on after Kenny Dalglish’s departure. We are yet to see if chanting the name of their manager helps the players. Besides, the big question we need answers to whether the FGS is listening to these chants. What is the FGS going to do about it?

It is quite obvious that Liverpool has fallen back this season, whatever the reason may be. The FGS will have to seek answers for the under-achievements so far. What is the source of the problem? Will the problem be rectifiable even if the reason for demoralization is found? There are lots of speculations about what fans should expect to see this season.

The last thing the FGS needs right now is an upheaval from the players. Giving Kenny Dalglish a new contract for three years doesn’t seem to be the right choice at the moment. The risk with this is that he might get more time to build a future with his own choice of players (that are bought). Even though they will have potential he will need 12 months to get the players back on the path to success.

It is better in the interest of FSG to examine the problem at hand rather than playing the blame game. This leads us the big question: “Who is Kenny Dalglish’s replacement and where is he?”

Damien Comolli (the director of football) was fired three days before the match against Everton. The FA Cup semi-final was one of the most important events of the season and Comolli’s getting fired just then came as a huge blow. This led to the need to find a replacement within the shortest time. The decision was taken instantly to ensure that the replacement can adjust in good time.

Even after a month, the post still remains unfilled. At the same time, we cannot ignore the most disturbing fact. It’s been nineteen months since the takeover. There still is no significant sign that the stadium that the Reds need will be arranged anytime soon. Without this the Reds cannot compete with their rivals financially.

Besides all this, it is yet another fact that a pitch is not the only thing needed to improve the state of the team. The team has talent, and has proved time and time again that despite all these challenges they are winners.

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Posted by on July 3, 2012 in Uncategorized


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