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Roman Abramovich reportedly rejected a £2.5billion offer to buy Chelsea.

The Russian oligarch is listening to offers for the European champions and it's believed he wants around £4bn, although bids of £3bn or more will be taken seriously.

Abramovich bought Chelsea for just £140million in 2003 and has pumped more than a £1bn into the club since, establishing them as one of the best teams in the world.

But calls for him to sell the Blues have emerged following Russia's invasion of Ukraine.

MP Chris Bryant has called for Abramovich to be banned from owning Chelsea and EU president Roberta Metsola believes he shouldn't be allowed to control the club.

According to Sky News, Abramovich's advisers have issued letters to prospective bidders and set them a deadline of mid-March to make an offer.

It's believed eight multi-billionaires - some from the US and Asia - have been sounded out and Abramovich has already rejected a bid of £2.5bn for Chelsea.

The Russian's advisers are reportedly keen to complete a deal quickly - perhaps as early as May - but that could prove challenging in the current geopolitical climate.

Chelsea's debt to Abramovich is thought to be more than £1.5bn. According to a Forbes calculation in April 2021, the club is worth $3.2bn - around £2.4bn.

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