Roman Abramovich happy to have the blues
This entry was posted on Monday, May 10th, 2010
What do you spend on a hobby? Here’s a tale of two rich men spending big money gambling.
Sheik Mohamed bought thoroughbred horseflesh by the dozens, spent gazillions of dollars over many years; There is little doubt that the Sheik’s love of horses is in his blood and is no doubt a knowledgeable, master horseman, probably almost as good as the Queen, yet his calculated gamble had an angle. He had meant in addition to indulging his pleasure in a royal pastime, to lay down foundations to establish a leisure and tourism industry, PR for Dubai and an entree into the money world to pave ways to big borrowing to satisfy his appetite for “borrow and spend”. Barring a blip last year when Dubai got close to defaulting on a mountain of debts running to billions, you could see how much wealth he has built up with borrowed money and ask: Didn’t he do well ?
Mr A’s buying Chelsea FC from Mr Bates a few years back, on the other hand, seems to be based purely and simply on the notion of Roman indulging his hobby.
Yesterday, on the last day of the football league season, you could see the man as excited as any kid with his favourite toy, as the game unfolded with the Blues trouncing Wigan , hammering goal after goal past their crestfallen goalkeeper who could only jump up and down in the goal mouth flailing his arms! And when the whistle blew, with Chelsea’s score at 8-0 against Wigan, many records falling to them on the way, Mr A raced onto the pitch chasing his players who were transporting the silverware to the dressing room. Roman has spent hundreds of millions of pounds on Chelsea football club; Helping Mr Abramovitch collect the records was their Chelsea’s man of the year, Didier Drogba, who beat Wayne Rooney to the record of Premiership Goals scored this year and helped Chelsea’s club score of over 100 goals. Chelsea deserved taking the Premiership top spot
Leading me to bet that Abramovich is happy to have the Blues