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Russian Billionaires Losing LOTS of Money.

Posted on 12/18/14 at 10:09 pm
Posted by jackwoods4
Member since Sep 2013
28667 posts
Posted on 12/18/14 at 10:09 pm
quote:

According to Bloomberg's Billionaires index, 15 Russian billionaires lost a total of $8.65 billion in the space of 48 hours as a result.

And among those 15 are Abramovich, Usmanov and Rybolovlev, with Arsenal's major shareholder Usmanov having lost $809 million (516 million pounds), leaving his net worth at $13.4 billion.

Chelsea owner Abramovich lost $449.5 million (287 million pounds), leaving his net worth at $12.8 billion, while Monaco owner Rybolovlev lost $150.1 million to leave his net worth at $9.8 billion.
This post was edited on 12/18/14 at 10:12 pm
Posted by TheZaba
FL
Member since Oct 2008
6181 posts
Posted on 12/18/14 at 10:17 pm to
quote:

Abramovich lost $449.5 million (287 million pounds), leaving his net worth at $12.8 billion, while Monaco owner Rybolovlev lost $150.1 million to leave his net worth at $9.8 billion
oh the horror
This post was edited on 12/18/14 at 10:18 pm
Posted by TFTC
Chicago, Il
Member since May 2010
22266 posts
Posted on 12/18/14 at 10:40 pm to


Russian gangster problems...
Posted by Teddy Ruxpin
Member since Oct 2006
39553 posts
Posted on 12/18/14 at 10:48 pm to
There's a reason these guys were buying up real estate in the US, and it isn't to make money on those investments (though it's a nice bonus).
Posted by UPT
NOLA
Member since May 2009
5506 posts
Posted on 12/18/14 at 10:58 pm to
PSG and City playing dirty.
Posted by Srbtiger06
Member since Apr 2006
28255 posts
Posted on 12/18/14 at 11:09 pm to
That's why I love that sheikh money.
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125393 posts
Posted on 12/19/14 at 2:07 am to
Thanks Obama

o wait
Posted by etm512
Mandeville, LA
Member since Aug 2005
20740 posts
Posted on 12/19/14 at 7:26 am to
quote:

Chelsea owner Abramovich lost $449.5 million (287 million pounds), leaving his net worth at $12.8 billion


That's 3.5% of his net worth. He'll live.
Posted by NOTORlOUSD
Houston, TX
Member since Sep 2010
5051 posts
Posted on 12/19/14 at 8:43 am to
Owning soccer teams (and other foreign investments) actually saved them from a worse decline.
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125393 posts
Posted on 12/19/14 at 10:10 am to
LINK


quote:

Sanctions imposed by the EU and the US in the wake of Russia’s intervention in the Ukrainian crisis have caused the value of the Russian ruble to plummet to its lowest value in over a decade.

The ruble has depreciated in value against the US dollar by 82 per cent since July 9 and this has had huge repercussions for Russian football clubs.

Currently, approximately 90 per cent of foreign players are paid in euros or dollars while the majority of the clubs’ income comes in rubles.


quote:

The economic crisis is making it increasingly difficult for Russian clubs to meet their wage bill and this is likely to have far-reaching implications for the European transfer market as a whole.

There are many big-name foreign players on the books of leading Russian clubs, with the likes of Ezequiel Garay, Axel Witsel, Hulk and Danny all on big money at Zenit St Petersburg, and Mathieu Valbuena and Christopher Samba on the books of Dinamo Moscow.




The shady shite is really going to start not to pay players.
Posted by jackwoods4
Member since Sep 2013
28667 posts
Posted on 12/19/14 at 5:11 pm to
quote:

That's 3.5% of his net worth



Roman Broke. Chelsea screwed.
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