Owner Abramovich still passionate about Chelsea, says David Luiz

first_img Next Reuters LondonMay 15, 2019UPDATED: May 15, 2019 11:55 IST Chelsea owner Roman Abramovich in the stands. (Reuters Photo)HIGHLIGHTSChelsea defender David Luiz said team owner Roman Abramovich is still passionate about the clubRoman Abramovich has not been seen at Chelsea’s matches this seasonBritish media had reported Abramovich had grown weary and even looked to sell the clubChelsea owner Roman Abramovich is still passionate about the Premier League club and tries his best to be involved on a daily basis despite his long-term absence at Stamford Bridge, defender David Luiz has said.Russian billionaire Abramovich ran into problems renewing his British visa last year amid tensions between the two countries and he has not been seen at Chelsea’s matches this season.British media reports indicated Abramovich had grown weary and even looked to sell the club but Luiz said the 52-year-old had not lost his hunger for success after speaking with him prior to renewing his Chelsea contract last week.”I had the opportunity to talk with him last week to decide my future,” Luiz told The Daily Mail. “He loves the club and everything that is inside the club, not just the people. He wants to win everything, he wants to do more.”It’s difficult for him, he has been away but his heart is here. He tries to be involved every single day. He’s still really passionate for the club. He has the same hunger, thinking about winning. He doesn’t want to lose energy.”He’s the one who built Chelsea – everything at Chelsea changed because of him. The results speak for themselves, 15 trophies in 15 years.”Chelsea finished third under Maurizio Sarri to return to the Champions League and Luiz said the London club has exceeded pre-season expectations as they look to finish the campaign with a Europa League trophy when they face Arsenal in Baku on May 29.advertisement”We did amazing, especially with the first year for a new coach,” Luiz said. “Nobody expected Chelsea to finish third. Everybody thought we were going to be out of the Champions League.”We’re fighting for the Europa League and we lost the League Cup on penalties, a competition where we beat Liverpool and Tottenham and were the better side against Manchester City in the final.”Also Read | Antoine Griezmann confirms Atletico Madrid exit amid rumours of Barcelona moveAlso Read | Brazilian court upholds seizure of Ronaldinho’s passportAlso SeeFor sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byAnita Jat Tags :Follow ChelseaFollow Champions LeagueFollow Europa LeagueFollow Tottenham Hostpur Owner Abramovich still passionate about Chelsea, says David LuizChelsea owner Roman Abramovich has not been seen at Chelsea’s matches this season as the Russian billionaire ran into problems renewing his British visa last year amid tensions between the two countries.advertisementlast_img read more

Loonies true value is under 88 cents US index says

OTTAWA — The loonie may have slid well below parity during the past few months, but it hasn’t skidded nearly far enough, says a London-based economic organization.World Economics says at current levels of about 96 cents US, the loonie is still about 10% higher than it should be based on the currency’s purchasing power.That would mean the true value of the Canadian currency is under 88 cents US.The finding is contained in the organization’s latest World Price Index, which compares leading currencies against the U.S. greenback.According to the analysis, the most overvalued currency is the euro in France, at 28.8% above true value. Also overvalued are the Japanese yen and the Brazilian Real.Meanwhile, India, Mexico and China have the most undervalued currencies.Bank of Montreal chief economist Doug Porter says most of the calculations are similar to his own, noting that last week he put out a price comparison between U.S. and Canada that showed consumer items on average cost 10% more north of the border.Porter says his own analysis places the loonie at slightly above 90 cents US, and expects the currency to drift toward that mark in the next few years.The Canadian Press read more