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Chelsea news: Roman Abramovich clears up £1.5bn loan details as fans call for 'swift' sale

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Chelsea owner Roman Abramovich has opened up about the £1.5bn loan he gave the club and has denied he wants it to be paid back.

The Blues were put up for sale following Russia's invasion of Ukraine. Abramovich subsequently had sanctions placed upon him by the UK government, meaning the Stamford Bridge outfit are having to operate under a special licence and are unable to process any financial transactions.

Reports had claimed Abramovich is looking to recoup a loan he gave the club although he has now insisted this is not the case. It comes as Blues fans call for the Government to ensure the sale of the club is completed "swiftly".

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Abramovich has not asked for a £1.5bn loan to be repaid and has not increased his asking price for Chelsea in the last week, the Russian has insisted.

Reports emerged on Friday that Abramovich had asked for a loan to be repaid as part of the club's sale, but these have now been rebuffed as "entirely false". Abramovich has already announced his plan to donate the proceeds of the club's sale to humanitarian organizations and has now said he "remains committed to finding a good custodian for Chelsea FC and making sure the proceeds go to good causes".

Read more on msn.com