The rich get richer....

JohnnyBravo · 24-09-2003 4:59pm #1

From rivals.net

That's rich!!

By R1der, in a bowler hat
Date: 24/9/2003

Sometimes cliches are true. 'The rich get richer' is a popular one. And if news out this morning is confirmed, then our very own Roman Abramovich is about to get richer, by the tune of about $2.5bn. Not bad for a morning's work, I'm sure you'll agree.

Russia's second richest man is about to get richer -probably getting his wallet ready for the January sales some might say - according to Russian news agencies. It looks as though Roman has sold half of his stake in OAO Russian Aluminium (or aluminum as the Septics would say) to his business partner and Rusal Chief Exec, Oleg Deripaska, Russia's seventh richest man. Rusal is the world's second largest aluminium producer.

Although the value of this stake is uncertain, it is estimated that it should fetch in the region of about $2.5bn to $3bn. Nice.

Already listed by Forbes as the world's 49th wealthiest person this will help consolidate his reputed £3.8bn personal fortune (as listed by the Sunday Times). He is still one of the major shareholders in Sibneft -which after the merger with Yukos oil- will become the world's 4th largest oil company. This is just one of the many business interests the Russian oligarch has.

Although the money he has spent on Chelsea is substantial by anyone's standards (close to £300m on acquiring almost all the shares in the club, paying off the debt, and scouring the continent for players - with more likely to come) it is but small change to the big man, especially when you look at the figures mentioned above. The man wants Chelsea to be a success both at home and in Europe. And with this sort of money involved , who knows what might happen?

yop · 24-09-2003 5:14pm

Bloody hell!! It could come to a stage where all the non chelswee fans will have no trophies left to fight for and that the only interest will be in seen who will get the most players suspended

It is mad though, much like Championship manager. It is interesting to see if he will be able to buy every world class player

Eron · 24-09-2003 9:02pm

All that money? Chelsea will be a scary side

scarrier than they are now. I mean think about it, he could have all the superstars on 120,000 pw contracts while he just builds up on interest from his funds, and use a percentage of the interest to pay off wages.... scary...

kmart6 · 24-09-2003 9:29pm

I tink he is like a child going into a shop but instead of asking for a kit kat and 50 penny sweets he go's in and asks for a damien duff,a adrian mutu and a hernan crespo if i have enough please shopkeeper

smiaras · 24-09-2003 9:45pm

This post has been deleted.

Eron · 24-09-2003 11:18pm

Well, imagine a kid with b2.5 going into a sweet shop? and all his other funds then aswell... All I can say is he better brush his teeth, or he will have cavities (Make what you want of that

)

JohnnyBravo · 25-09-2003 10:12am

That is the most crptic message i have ever read and it makes no sense at all not even in the slightest

Eron · 25-09-2003 6:13pm

Right, too many superstars = his teeth. He better brush them = play them, or he will have cavities = players protesting. Maybe he will just get bored of buying sweets and get a tummy ache, I dunno.

The Muppet · 25-09-2003 6:31pm

A bit like the birds following the trawler . Welcome to Boards Eric.:)

The rich get richer....

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