Chelsea is increasingly likely to be sold by Russian oligarch Roman Abramovich as he looks to relinquish his English assets before they get frozen as sanctions by International opponents ramp up following Russia’s invasion of Ukraine.
Rory Smith, of the Times, has revealed that any potential buyers of the west London club have been told to make their potential bids ready by Friday. Roman Abramovich reportedly initially demanded between £3 and £4 billion for a sale, but that number is expected to continue dropping almost by the hour as the Russian oligarch looks to ditch his assets and flee with what he can.
Prospective owners of Chelsea have been told to have “indicative bids” ready by Friday. Raine Group, a New York based merchant bank, is running the sale for Roman Abramovich. He wants out, and he wants out quick. https://t.co/OxSXZuZzUw
— Rory Smith (@RorySmith) March 2, 2022
Matt Law, the generally reliable reporter from the Telegraph, a conglomerate of American billionaire Todd Boehly and Swiss billionaire Hansjorg Wyss are expected to make a bid imminently, potentially even ahead of the Friday deadline.
As reported by @nicola_imfeld Swiss billionaire Hansjorg Wyss is working with the American billionaire and part-owner of the LA Dodgers Todd Boehly on a bid to buy Chelsea. Official offer for the club expected to be made soon #cfc
— Matt Law (@Matt_Law_DT) March 2, 2022
Meanwhile MMA fighter Conor McGregor also took to social media to express an interest in buying the club, but is unlikely to have the financial capacity to do so.
I wish to explore this. @ChelseaFC pic.twitter.com/ABEjjCqhD7
— Conor McGregor (@TheNotoriousMMA) March 2, 2022
Roman Abramovich reportedly currently levers £1.5 billion worth of club debt over Chelsea, which could make any potential sale complicated.
