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'He likes challenges' - Chelsea board member explains why Abramovich purchased Blues

The billionaire took over the Blues with a £140 million ($175m) bid in 2003, which has been followed by huge on-field success

Chelsea board member Eugene Tenenbaum has explained why Roman Abramovich bought the club in 2003, saying that the businessman loves challenges.

Abramovich took over the Blues with a £140 million ($175m) bid, kicking off a period of success for the club that has seen them win 16 major trophies in 17 years.

Tenenbaum, who is one of Abramovich's closest associates, explained that the Israeli-Russian billionaire was hungry for the challenge of taking an already-established football team to a higher level.