LONDON: Roman Abramovich rose from a penniless background in Russia’s frozen north to become a multi-billionaire and a celebrity football tycoon, but his empire is teetering over his alleged Kremlin links.
His decision to hand over control of Chelsea Football Club to trustees of its charitable foundation on Saturday hinted that the 55-year-old oligarch fears his substantial assets in Britain are about to be frozen as the government imposes sanctions on a “hit-list” of oligarchs following Russia’s invasion of Ukraine.
Abramovich was one of the businessmen working in the shadows following…