Abramovich increases Chelsea shareholding

Roman Abramovich has increased his shareholding in Chelsea Village plc to 95.22 per cent.

Roman Abramovich has increased his shareholding in Chelsea Village plc to 95.22 per cent.

The Russian billionaire's company Chelsea Limited can now exercise its right under the Companies Act to make a compulsory purchase of the remaining shares before removing Chelsea Village from the Alternative Investment Market.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up for push alerts to get the best breaking news, analysis and comment delivered directly to your phone

  • Listen to In The News podcast daily for a deep dive on the stories that matter