Chelsea and Arsenal owners lose over £1BILLION as oil prices drop dramatically

[CoopsieDeadpool]

Blues owner Roman Abramovich and Gunners shareholder Alisher Usmanov have lost huge amounts of money thanks to a slump in the price of oil in Russia

Possible game changer?

http://www.mirror.co.uk/sport/football/news/chelsea-arsenal-owners-lose-over-7200913

 

[Geyzer Soze]

Nah. It's a notional write down means nothing in the grand scheme of things. It'll come back & more as soon as the oil & gas price bounces again

 

[rossdapep]

I'm sure they'll recoup it by other means, these crooked basts must have some reserves stocked in the event of something like this happening. Here's hoping though......

 

[Lilbaz]

Nah. It's a notional write down means nothing in the grand scheme of things. It'll come back & more as soon as the oil & gas price bounces again

The only ones it could possibly effect is city. The abu dhabis have been selling off assets as the oil price bites. With trouble in the middle east they might rethink investing so much in city.

Chelsea and arsenal are near enough self sufficient now it wont matter. Although loss of cl will be a hurt.

 

[MkYid]

Especially with all the extra oil that's going to flood the market ala Iran