Files indicate oligarch enabled Valery Oyf to take over Vitesse Arnhem, raising fresh questions about his influence on football
, leaked documents suggest, fuelling questions about the continued influence the Russian oligarch, under sanctions from the EU and UK, still has on football.FC, is still involved with a European club despite being subject to sanctions in the wake of Russia’s attack on Ukraine.uncovered apparent financial ties between the club and Abramovich involving the club’s two previous owners.
Further urgent questions have been raised by new documents suggesting that Abramovich was the source of almost all of the money, almost $200m , used by Oyf to fund an offshore company, Matteson Overseas Ltd.Other Abramovich associates are under sanction in the UK but not the EU. According to leaked documents seen by the Guardian and TBIJ, Matteson was almost entirely bankrolled by Abramovich. Abramovich’s companies granted Matteson tens of millions of dollars in loans, which were then invested in other entities linked to him and his asset management company, Millhouse Capital. Profits generated were used to pay off loan debt and fund further ventures, including Vitesse.
Abramovich was forced to end his 19-year ownership of Chelsea after the imposition of sanctions by the UK government, who oversaw the sale of the Premier League club to Todd Boehly and Clearlake Capital. But the revelations about his ties to Vitesse, who were once described as “Chelsea B” because of the close relationship between the teams, will raise questions for football’s authorities about the risks of multi-club ownership.
Vitesse have been left in deep financial trouble and were already bottom of the league before being hit with a punishment that left them at that point on -1 points. The KNVB’s licensing committee added that there was a risk that sanctions had been “violated”.
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