Chelsea's Russian owner Roman Abramovic
Photo credit should read BEN STANSALL/AFP via Getty Images

What stopped Chelsea owner Roman Abramovich from buying Arsenal in 2003

Photo credit should read BEN STANSALL/AFP via Getty Images

Roman Abramovich has been sanctioned by the UK government and Arsenal’s London rivals Chelsea could end up in real trouble.

The Russian billionaire took Chelsea from being an average side in the Premier League to one of the best in the world. The Blues have won everything since he bought them, but things could really change now.

Arsenal fans are glad that they have no affiliation with Abramovich but if he wasn’t wrongly informed back in 2003, he could well have bought the Gunners instead of Chelsea.

My Europa League Predictions.

What stopped Chelsea owner Roman Abramovich from buying Arsenal in 2003

Back in 2003, when Abramovich decided to buy an English football club, he hired Swiss bank UBS to examine the economics of a number of sides including Arsenal.

After several meetings with multiple different clubs in the country, the Swiss bankers informed the Russian billionaire that Arsenal were simply not available for sale. That, however, was a mistake, according to a book called The Club, written by two Wall Street Journal writers. (TalkSport)

The book further revealed that former Arsenal vice-chairman David Dein would’ve considered negotiating a deal with Abramovich, but the wrong information given to the billionaire never let talks materialise.

The Russian was then given the green light to buy Chelsea and he sealed the deal for £140 million.

Photo credit should read CARL DE SOUZA/AFP via Getty Images

The Insider’s View:

For years, many Arsenal fans were envious of Chelsea’s success which was powered by Abramovich’s enormous wealth.

However, we can now say we’re glad that he’s not associated with our club in any way, shape or form.

Chelsea are set to face severe sanctions which could hurt them financially as well as on the pitch. There’s even a chance that Abramovich’s plans to sell the club could fall apart – that could really hurt the Blues.

It will be interesting to see how this pans out, but for once, Arsenal fans can be happy about the fact that Stan Kroenke is the owner of our club.

Photo credit should read ADRIAN DENNIS/AFP via Getty Images

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