Following an investigation, Abramovich was cleared by UEFA of having a conflict of interest. He’s believed to have paid £90million for the property in 2011. [66], In early July 2008, it was announced that President Dmitri Medvedev had accepted Abramovich's request to resign as governor of Chukotka, although his various charitable activities in the region would continue. "[61], Abramovich is one of many Russian "oligarchs" named in the Countering America's Adversaries Through Sanctions Act, CAATSA, signed into law by President Donald Trump in 2017.[62]. Abramovich, who is Russian Jewish, exercised his right under Israel's Law of Return, which states that Jews from anywhere in the world can become citizens of Israel. [58]:135, 271, Chris Hutchins, a biographer of Putin, describes the relationship between the Russian president and Abramovich as like that between a father and a favorite son. Mr Abramovich bought the pad in 2001 and is reported to have spent up to €180m restoring and renovating it over the years. He was formerly governor of Chukotka Autonomous Okrug from 2000 to 2008. [143], In 2016, Abramovich applied for residency in Switzerland, intending to move to the ski resort of Verbier. Abramovich unsuccessfully took legal action to prevent Swiss media from reporting on the matter, and denied the allegations. He won Chelsea the 2012–13 UEFA Europa League against Benfica before leaving at the end of his term as interim manager. The aircraft was estimated in 2016 to cost US$300 million and its interior is reported to include a 30-seat dining room, a boardroom, master bedrooms, luxury bathrooms with showers, and a spacious living room. Among them is BrainQ, an Israeli startup which develops artificial intelligence-powered technologies to treat neurological disorders, such as stroke, spinal cord injury and traumatic brain injury. [55], Abramovich has invested in other startups in various fields. André Villas-Boas, after taking Porto to a Europa League triumph, and having previously worked alongside Mourinho at Stamford Bridge, was appointed as Abramovich's seventh manager of Chelsea on 22 June 2011. Swiss authorities denied the application after the Swiss Federal Office of Police concluded that Abramovich was under "suspicion of money laundering and presumed contacts with criminal organisations", and that his assets were "at least partially of illegal origin". [citation needed], Abramovich started his multibillion-dollar business during his army service. [131], Abramovich owns a private Boeing 767-33A/ER, registered in Aruba as P4-MES. It also funds training programs for coaches, prints instruction materials, renovates sports facilities and takes top coaches and students on trips to visit professional football clubs in England, the Netherlands and Spain. [28], In 1988, as perestroika opened up opportunities for privatization in the Soviet Union, Abramovich got a chance to legitimise his old business. The following season, in January 2011, Spanish footballer Fernando Torres completed his move to Chelsea on a ​5 1⁄2-year contract on 31 January for an undisclosed fee, reported to be £50 million, which set a new record for a British transfer and made him the fourth most expensive footballer in history.

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