Abramovich denies splashing out on new yacht

John Mann, spokesperson for Millhouse Capital, the company that manages Roman Abramovich’s assets, has denied reports that Abramovich has added to his collection of yachts.

Earlier the Moskauer Deutsche Zeitung, a German-language newspaper printed in Moscow, had reported that Abramovich had bought a 130-metre-long German-built vessel at a cost of US$ 130-million. According to the report the yacht was due to be delivered in April this year. However, it's now claimed that the Russian billionaire is content with his current fleet.