Menu
People and Pop Culture

Roman Abramovich's Impact On EPL Debated 10 Years After Buying Chelsea

Ten years after buying Chelsea for a bargain £60M plus £80M to pay off the debts, ROMAN ABRAMOVICH "can be regarded as one of the greatest influences in modern football," according to Matt Dickinson of the LONDON TIMES. Abramovich "was not the first foreign sugar daddy" -- MOHAMED AL FAYED has been bankrolling Premier League club Fulham since '97 -- but he "threw so much money at football that the game was bound to change shape." Indeed, the Russian "has been so influential that there is now a law against him." Pouring "more money into football than anyone ever imagined" -- the best part of £1B ($1.5B) -- Abramovich’s riches "brought a new moral dimension to the argument." It is unthinkable that "there would have been that value" if Abramovich had not come along with his funds. Abramovich "has driven modern Premier League trends of foreign stars, foreign coaches, unjustifiable sackings, soaring wages, transfer inflation and the certainty that money is central to success." Once the distrusted outsider, Abramovich "is now the establishment." Chelsea feels so secure that they even voted for Financial Fair Play "to ward off the threat of future Abramovichs" (LONDON TIMES, 7/1).

ABRAMOVICH EVOLUTION: In London, Bruce Buck wrote "few people could have comprehended" 10 years ago how Abramovich’s ownership would quickly transform Chelsea, taking them "from a club facing mid-table mediocrity and near bankruptcy to become one of the most formidable football teams in the world." The Abramovich Revolution "has really been the Abramovich Evolution." He has "built probably the best training facilities in Europe." He has "invested millions in establishing a world-class squad and a superb academy, one of the elite youth development programmes in Europe" (LONDON TIMES, 7/1).

SBJ Morning Buzzcast: April 24, 2024

Bears set to tell their story; WNBA teams seeing box-office surge; Orlando gets green light on $500M mixed-use plan

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2013/07/02/People-and-Pop-Culture/Abramovich.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2013/07/02/People-and-Pop-Culture/Abramovich.aspx

CLOSE