How do you downplay losing $20 billion?

[Chuch Dogg]

Ask Chelsea FC's owner!!

Roman Abramovich's advisors have played down suggestions that the Chelsea owner's fortune has been diminished following the stock market crash.

Reports suggested Abramovich had lost up to $20 billion after losses on two of his investments - steel making company Evraz, and Highland Gold, a mining company.

However, a spokesman for the Russian, John Mann, is quoted in The Daily Telegraph as saying: "The figure is just as arbitrary as those you see in Forbes every year and we don't put any stock by them."

The paper claims that the losses have been exaggerated by associates of the Russian, and in any case they are 'paper' losses, and his cash and property assets will not be affected.


Fox Sports