In 2003 the Russian billionaire, Roman Abramovich, purchased Chelsea and invested lots of capital to employ new football players. He also hired Luiz Felipe Scolari as the manager of the club. Abramovich also employed Peter Kenyon as the chief executive to be responsible for the commercial strategies of the club. This made Chelsea stronger, and they won the Premier League in consecutive years. A third straight FA Premier League title slipped through Chelsea's fingertips after their failure to defeat Arsenal at the Emirates Stadium, meaning that Manchester United had won their ninth league title in fifteen tries.