So Roman owe's money to himself now technically...
Glad I don't have to deal with a club's finances, no wonder most of them are in debt, entire thing is confusing.
Technically, yes, although my understanding is that it's a lot more complex than that, involving tax write offs, FFP, Chelsea Village, new stadium etc etc
So he "lends the club money" then he pays interest to himself on the loan(s), and then writes off a percentage for tax purposes, and compliance.
He's a bit of a charlatan and a bit of a crook is Roman, considering where his money came from, and it's no coincidence that the biggest clubs use KPMG (including us) who are pretty good at finding loopholes, like our previous profit being offset against future losses.
I'm pretty sure it would take even a forensic accountant a good deal of time to unravel Abramovich's role and input at Chelsea, and every time he loans them money, he gets richer.
Sooner or later it'll implode, or one of his many enemies will catch up with him, then chelsea will be deep in the sh*t.
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