Abramovich and Usmanov Hit Hard by Russian Financial Crisis
Russia’s ongoing financial turmoil is having ripple effects across European football, with Roman Abramovich and Alisher Usmanov, two of the Premier League’s most influential figures, suffering massive personal losses.
According to reports, Chelsea chairman Roman Abramovich lost €336 million in just 48 hours, while Arsenal shareholder Usmanov saw an even steeper decline, with €650 million gone in one week.
These staggering losses come as the ruble plunges and Russian markets face instability amid global sanctions and falling oil prices. While both billionaires are known for their deep pockets, such financial shocks could have direct consequences for their respective clubs, especially in terms of:
Transfer market activity
Player wage structures
Club investments and sponsorship deals
While no immediate budget cuts have been announced by either club, this economic pressure could force Chelsea and Arsenal to reevaluate spending in the coming windows — potentially slowing down the aggressive financial strategies that have defined their recent histories.
The situation remains fluid, and Premier League fans will be watching closely to see if the crisis in Moscow begins to echo louder in London.
