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Today in Focus

How the UK finally turned on Roman Abramovich

Today in Focus

The Guardian

News, Daily News

4.65.9K Ratings

🗓️ 16 March 2022

⏱️ 36 minutes

🧾️ Download transcript

Summary

When Roman Abramovich bought Chelsea in 2003, he transformed the club’s fortunes and ushered in a new era of billionaire owners in the Premier League. But as David Conn explains, the issues that led to sanctions being imposed on him last week by the government have been in plain view for years. Help support our independent journalism at theguardian.com/infocus

Transcript

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0:00.0

This is the Guardian.

0:07.6

Today, for years, fans, football authorities,

0:11.6

and the UK government ignored Chelsea owner

0:14.3

Roman Abramovich's Cremlin links and the source of his wealth.

0:17.8

Now, the war in Ukraine has changed everything.

0:36.0

Last week, on Chelsea Football Club's 170th birthday,

0:40.4

a dramatic announcement plunged the club and its owner into crisis.

0:44.6

Of a Chelsea owner Roman Abramovich has become the latest Russian oligarch

0:48.8

to have his assets frozen by the UK government as part of sanctions over the war in Ukraine.

0:53.4

As Russia continues its brutal war in Ukraine,

0:56.6

President Putin's allies and those with links to the Cremlin

1:00.2

who have profited from the power of his regime have had their assets frozen and seized.

1:06.2

It was actually stunning when the news came through.

1:10.2

For the Guardian's David Con, an investigative reporter who has followed the career of Roman Abramovich

1:16.2

ever since he touched down in the UK 19 years ago,

1:20.2

the news was a shock, but also too long in the making.

1:25.0

It was like the Empress' new clothes.

1:35.0

It was like the government had just punched through

1:38.2

to what we've all really known all these years,

1:41.4

but haven't quite ever been able to communicate.

1:47.0

So after years of knowing how Abramovich made his money,

1:54.2

after seeing how well documented it was that he had good relations with Putin,

...

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