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Chelsea are facing an increasingly desperate battle to maintain the services of their most high-profile players, with Manchester City and Real Madrid looking to capitalise on the chaos which has engulfed the west London club.
After a couple of days of turmoil, Chelsea have been handed some positive news with a report claiming Roman Abramovich and the UK government have reached agreement for a sale of the club to progress. Chelse’s future as a going concern was plunged into doubt on Thursday when the government placed sanctions on Abramovich.
Roman Abramovich has given the green light to the sale of Chelsea Football Club despite being hit by sanctions from the UK government.
Lavish spending, sustained only by Roman Abramovich's investment, funded Chelsea's 21 trophies during his 19 years as owner. Now there are fears the Premier League club could run out of money after the British government sanctioned the Russian oligarch and froze his assets.
The UK government views the British property tycoon Nick Candy and a consortium headed by Todd Boehly and Hansjörg Wyss as serious contenders to buy Chelsea after inviting potential bidders to approach it with takeover proposals.
British billionaire Nick Candy is known to be considering a bid to take over his favourite club Chelsea, and is planning on making an appearance at the Blues' Premier League fixture with Newcastle United this weekend.
British property developer Nick Candy remains interested in making a bid for Chelsea Football Club whose owner, Russian businessman Roman Abramovich, has been hit by an asset freeze by the British government, a spokesperson for Candy said on Friday.