Chelsea owner Roman Abramovich holds a stake in mining company Evraz which has demerged with Raspadskaya, with the coal business now with its own share price
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Roman Abramovich did not see his fortune fall by some £650m in a single day, contrary to earlier reports suggesting investors feared the Chelsea owner’s investments could be impacted by the situation between Russia and Ukraine.
Abramovich has a significant shareholding in Evraz, a mining company listed on the London Stock Exchange, and the company’s share price has fallen of late.
However, while earlier reports attributed the drop to concerns about rising tensions between Russia and Ukraine, the change in share price has been put down to the demerger of the Raspadskaya coal business, which was proposed in documents dated December 2021.
The Blues’ owner is among the richest owners in the entire Premier League, according to the 2021 Forbes billionaire’s list, with a fortune north of £10bn.
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Image:
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“On 26 January 2021, EVRAZ plc… announced that it was considering the strategic merits of, and possible structures for, the potential demerger of its metallurgical coal assets consolidated under PJSC…
