When Chelsea FC was purchased by Russian billionaire, Roman Abramovich, in 2003, the club had seen limited success in both domestic and international competitions. Now 16 years after his purchase, it is safe to say that Abramovich’s tenure as Chelsea owner has been bountiful. Chelsea has since won 5 of their 6 English football championships and their sole Champions League title. After purchasing the club for 140 million Euros (approximately $160 million as of February 2019) and injecting over $1 billion since, the team has grown into the seventh most valuable soccer club in the world, worth an estimated $2 billion (according to Forbes).
The new era of Chelsea football has been kind to the fans. After seeing relatively stagnant cup play since the club’s inception in 1905, fans have been able to see enough success in the past 15 years to last a lifetime. Because of this success, Chelsea has been able to take full advantage of the large London market. Chelsea is here to stay, and the Chelsea football renaissance has earned them the #7 spot in FanWide’s European soccer club rankings.