Scrolling through social media last night you would have noticed reports circulating that Chelsea owner Roman Abramovich had been granted a VISA to be able to stay and work in the UK again. Costs have ballooned to around £1 billion and Abramovich is no longer funding it solely from his own deep pockets. "But it is odd since nothing significant has changed with Abramovich and his businesses in recent years. For other inquiries, Contact Us. But these weren’t stories coming from any of the worldwide press. What we know so far: Chelsea FC owner Roman Abramovich's visa renewal application has been delayed due to a crackdown on Russian oligarchs in … Our journalists strive for accuracy but on occasion we make mistakes. We pay for videos too. He grew his fortune after the collapse of the former Soviet Union in the last 1990s and bought Chelsea in 2003. BGT in fresh row as 892 object to Amanda's dress and comic's jokes, Phillip Schofield horrified after caller says he refused daughter an autograph, I had a baby with daughter’s ex, celebrated birth with £50k of clothes & want twins, George Michael's ex Kenny Goss sues star's family for £15,000 a month, Molly-Mae shows off huge Primark Autumn haul with £3 jewellery & £10 mum jeans, ©News Group Newspapers Limited in England No. Roman Abramovich's close relations with Vladimir Putin has helped him become a billionaire. Loans could make up as much as £500m of the financing, which would result in debt to be repaid. While his application is in process he is still legally allowed to be in the country, but he can't leave or enter and was unable to attend Chelsea's 1-0 win over Manchester United in the FA Cup final at Wembley on Saturday as reports claimed he was in Russia already. Even if the UK government passed legislation granting themselves the power to target the assets of wealthy Russians -- similar to the Magnitsky Act in the U.S. -- he comfortably has the financial means to ensure that any attempted seizure would likely result in a long and expensive legal battle. For further details of our complaints policy and to make a complaint please click here. It could mean that these privileges are cancelled, or upcoming attempts to renew their Tier-1s are declined. T he Home Office is yet to renew Roman Abramovich's UK visa after the government ordered a review of the immigration status of hundreds of wealthy Russians in Britain.. Mr Abramovich, a … Revenues have been fortified by spiralling Premier League TV deals, lucrative new long-term commercial agreements with Yokohama and Nike, and smart player trading -- Chelsea have averaged a £56m profit on player sales in the last four years compared to an average of just £13m between 2005 and 2013, per Swiss Ramble. Email us at tips@the-sun.co.uk or call 0207 782 4368. What is Chelsea's current debt situation? Scrolling through social media last night you would have noticed reports circulating that Chelsea owner Roman Abramovich had been granted a VISA to be able to stay and work in the UK again. He did not attend Chelsea’s 1-0 win over Manchester United in the FA … pic.twitter.com/jX1Vostq0x, — Chelseaholic (@chelseaholic__) December 28, 2019, – Roman Abramovich set to be given UK Visa– Barcelona want Willian again…– Giroud is wanted by Juventus and Lyon!https://t.co/WQPGL6yLyq, Help me get 30 RTs, every click on the link above helps me – thank you everyone that tuned in! You can rest assured, however, that those in the corridors of power at Stamford Bridge will be monitoring developments with keen interest over the coming weeks. Will Chelsea be affected if he is refused a visa? Time to ruin the league again pic.twitter.com/Yo21ZFapwh, Abramovich got his Visa back ??? … M r Abramovich is believed to have returned to Russia after his visa expired. The delay by UK authorities in processing Roman Abramovich's visa renewal application, reported around the world on Sunday, has added a … It comes just hours after a Parliamentary report warned there was "no excuse" for Britain to turn a blind eye to dirty Russian money. How much will Mr Abramovich spend on Chelsea to celebrate getting a UK visa again?Just asking… pic.twitter.com/8j8hRSc5aw, — Mark Worrall (@gate17marco) December 28, 2019. The move comes amid plunging relations between the West and Russia as the UK and US lead the way in attempting to combat an increasingly assertive Putin. It would be disappointing and perhaps even a little bit humiliating for Abramovich, though, if his sporadic presence on match days at Stamford Bridge became a thing of the past due to the UK government. Up to 700 other Russians living in the UK will face similar scrutiny after former Home Secretary Amber Rudd vowed to review all investor visas given to wealthy Russians between 2008 and 2015.