Business

Cyprus police investigate financial and tax affairs of ex-Chelsea owner Roman Abramovich

The Guardian Business·Oct 22, 2026 · 10:53 AM CT
Readthrough summary

Cypriot police are investigating the financial and tax affairs of Roman Abramovich, the Russian billionaire and former Chelsea FC owner, according to testimony at a committee of the Cypriot parliament.

A senior police official said the inquiry covers events between 2003 and 2006 and is likely to last several months.

It follows reporting by the Guardian, the Bureau of Investigative Journalism and the BBC, which found that aides, including staff at Deloitte's Cyprus office, appeared to have falsified paperwork mapping his offshore companies, including backdating key documents about billions of pounds in assets, which appears to have helped his businesses avoid tax and disguise assets.

Summary written by Readthrough from the original article. The full story, with photos and any updates, is at The Guardian Business.

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