Roman Abramovich could sell Chelsea within 10 days, says Premier League CEO Richard Masters
Roman Abramovich’s sale of Chelsea could be completed within 10 days according to Premier League chief executive Richard Masters, who admitted the Russian’s position at the club had become “unsustainable”. After 19 years in charge, Abramovich is looking to sell Chelsea and went public with his intentions on Wednesday evening.
Ad/> Abramovich’s ownership has come under scrutiny amid Russia’s invasion of Ukraine, with calls for him to be sanctioned by the UK government not yet forthcoming. Premier League'Not good enough' – Neville wants transparency amid Abramovich's move to sell Chelsea7 HOURS AGO With potential buyers interested, including Swiss billionaire Hansjorg Wyss, Masters said 10 days was a realistic timeline for Abramovich to agree a deal.
“I think the quickest one we have ever done is 10 days but that's not to say that that record cannot be beaten,” Masters told the Financial Times Business of Football Summit in London. “Normally it will take a number of weeks but that will depend on the complexity of the deal really and the number of potential owners.” 'Not good enough' – Neville wants transparency amid Abramovich's move to sell Chelsea Roman Abramovich changed English football forever — The Warm-Up Tuchel: Abramovich decision means 'massive change' for Chelsea Prospective owners must pass the Premier League’s Owners’ and Directors’ Test.
Masters added: “Provided that the information is easily digestible, easily understandable and gives us the right answers, it can be done relatively quickly.” /> Abramovich’s decision to sell was welcomed by Masters, with pressure having grown on the Russian oligarch over the past week. “It is the right decision, the situation has escalated incredibly quickly over the last
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