Roman Abramovich green lights Chelsea sale with deadline for bids now set
Roman Abramovich has given the green light to the sale of Chelsea Football Club despite being hit by sanctions from the UK government.
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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.
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.
Nick Candy’s vision for a redeveloped Stamford Bridge could hand the British billionaire an edge in the battle to buy Chelsea, the PA news agency understands.
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Roman Abramovich is yet to be convinced that Todd Boehly and Hansjorg Wyss’ consortium offer is the right fit to buy Chelsea, the PA news agency understands.
Chelsea could soon be part of a professional sports portfolio that includes the Los Angeles Dodgers, the Los Angeles Lakers, and the L.A. Sparks, while British billionaire and Chelsea fan Nick Candy has released a statement saying he is interested in buying the Blues with a consortium.