Russian businessman and Chelsea football owner, Roman Abramovich, is reportedly begging his Hollywood and US power broker friends to lend him $1 million to keep his business running as his assets are frozen by global authorities amid Russia’s invasion of Ukraine.
As the war in Ukraine continues, Page Six gathered that Abramovich whose bank accounts are frozen in the US and the UK has been asking for loans from prominent and powerful friends to maintain his whispered $750,000-a-week staff payroll, which includes those that keep his multiple luxuries superyachts.
It was gathered that his associates are, however, said to be wary about lending him money, even as he takes part in the peace talks between Russia and Ukraine.
A source who told the publication said “Roman is asking some of his closest powerful friends to let him borrow $1 million.
“He is saying he has never missed payroll for his staff, which is $750,000 a week, and with his assets frozen he can’t pay his people.
“He has reached out to Hollywood producer and director Brett Ratner and the Rothschild family, among many others for money, but – while they are good friends with Roman – they have not agreed to give him money, because either they do not have that in liquid cash, or moreover it is not clear what are the repercussions under international law.”
Abramovich who has hosted a series of starry celebrity parties on his boats and at his sprawling St Barth’s estate, has many close friends in Hollywood, Wall Street, and the tech world.
According to Bloomberg in early March, reported following Russia’s invasion of Ukraine, the United Kingdom and the European Union sanctioned Abramovich who has a net worth of $14.3 billion. His assets were also frozen by US hedge funds.
The sanctions likewise prevented Abramovich from benefiting from the $3 billion sales of Chelsea Football Club.
Thank you for taking the time to read through our journal today. Please endeavor to subscribe to the Golden Nation Blog daily newsletter, with the biggest stories, latest deals, and insight on the daily news. Just follow us on our social media handles.
