That relationship was put front and centre Friday with a report that Eugene Tenenbaum had bought one of Abramovich’s companies holding tens of millions of…
As he travelled the globe and settled in the U.K., he did not distance himself from his Canadian roots. In a 2003 regulatory filing there confirming his appointment as a director of Fordstam Ltd., an investment vehicle through which Abramovich controls Chelsea FC, Tenenbaum listed a Thornhill, Ont., address as his “usual residential address” and his nationality as “Canadian.”
Property records indicate the Thornhill home, jointly held with a relative, was sold in August 2014 for $689,000. Another Fordstam Limited filing dated March 9, 2020, indicated Tenenbaum had changed his place of residence to Jersey, the largest of the Channel Islands and perhaps best-known as a tax haven.
Abramovich had bought Chelsea, a jewel of the UK’s Premier League, in 2003, and Tenenbaum was installed as a director at the football club.Article contentHe was also managing director of MHC Services Ltd., according to his biography on the Chelsea website, a successor to Millhouse Capital. According to U.K. government filings, Tenenbaum resigned that post in 2020.“I don’t understand the language but I understand emotion,” former Chelsea coach Jose Mourinho told The Telegraph in 2005.
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