Chelsea upbeat after decade under Abramovich
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- Chelsea upbeat after decade under Abramovich
Chelsea officials predicted more success for the English giants Monday after a decade under the ownership of Roman Abramovich. The Russian billionaire, still very much at the helm at Stamford Bridge, has spent an estimated £874 million ($1.33 billion) on transfers and £1.5 billion ($2.28 billion) on wages in the 10 years since he took charge of London club Chelsea on July 1, 2003. In so doing, Abramovich set a template for a host of wealthy foreign owners who've since taken charge of leading English football clubs and transformed the landscape of the game in its birthplace.
Abramovich's investment has so far yielded three Premier League titles -- prior to that the club were last crowned champions of England in 1955 --, four FA Cups, two League Cups and, significantly, a highly coveted European Champions League title and last season's Europa League. Meanwhile Chelsea chairman Bruce Buck, writing in The Times, said Abramovich had transformed the west London club from mid-table mediocrity into a major global force.
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