I am no accountant & haven't gone looking for the books to substantiate this but my immediate thoughts would be that - Maybe the Newcastle sales proceeds covered Mike Ashley's losses (because he was particularly frugal with the pennies) but I seem to remember that Abramovich wrote off a number of very large loans in his early years with Chelsea (trying to fast track the road to success) so I doubt they were ever recovered, especially as I seem to remember that one of the conditions of the sale was that RA didn't benefit directly from the proceeds.