He’s gone several steps beyond that and:
a) Giving away somewhere between £1.5 and £3 billion
b) Calling it a war (which won’t go down well at home).
OK so reading up a bit more on Abramovich, I’m going to back down a little here… I’m sure the decision to walk away from $2Bn of loans is probably the smallest of his worries right now, and whether or not I believe the line about it “never being about the business” and that it was always about his “passion for the club”, something else has cropped up…
Abramovich was born and grew up in Russia, but ethnically he is half Ukrainian (his mother’s side), and has lots of family still in Ukraine…
I am detecting the world’s largest dose of buyers remorse going on right now, with his decision to ally himself quite so unilaterally (albeit very quietly so as to be plausibly deniable to the outside world) to Putin for the last 2 and a half decades, the man who is now remorselessly bombing many of his friends and relatives, probably consuming him right as we speak!
They’ve not been seizing, they’ve been freezing assets.
Yes apologies, wrong terminology, I definitely meant to say freezing…