Chelsea

Abramovich has put Chelsea up for sale but it is unclear who wants to buy the club and how much they will think it's really worth, as experts question the ...

A cynic could conclude that Abramovich’s primary concern as the Russian forces continue to pummel Ukraine is for himself. In the context of his multibillion vault, coughing up whatever is left over from the Chelsea sale might be better understood as an early, pro-active attempt to reshape the post-war narrative. “If the debt had remained, there might have been an argument of ongoing leverage arising from the terms of the loans.” Stephen Taylor Heath, Head of Sports Law at JMW Solicitors, points out that writing off the debt is not just about attracting investors, but also distancing him from the club more permanently. There was no way Chelsea were ever going to be in a position to repay that money and say ‘thank you, Roman, now here’s £1.5bn’. And there’s no way a new owner would be interested at £3bn if there was also a £1.5bn debt.”

Hansjörg Wyss and Todd Boehly are increasingly confident their bid to buy Chelsea will be successful and are set to step up negotiations this weekend.

The defenders Antonio Rüdiger, Andreas Christensen and César Azpilicueta are out of contract at the end of the season. Abramovich has confirmed he wants to end his ownership of Chelsea and it is believed the Russian oligarch wants a sale to go through quickly. It is unlikely the chairman, Bruce Buck, and powerful director Marina Granovskaia will stay under new owners. The Swiss is the founder and the former president and chairman of Synthes Holding AG, a medical device manufacturer, and a supporter of liberal and environmental causes in the US, where he lived for a number of years. Provided the information is easily accessible, easily understandable and were given all the right answers it can be done relatively quickly. There have been suggestions that the Egyptian businessman Loutfy Mansour, who has a Chelsea season ticket, has been considering a bid.

Chelsea midfielder N'Golo Kante has opened up on how the players took the news that Roman Abramovich is seeking a quick sale of the club after a dramatic ...

"I will not be asking for any loans to be repaid. "But we'll do what we try to do, to cancel the noise and to stay focused which is not always easy. The Russian billionaire, who bought Chelsea in 2003 for around £140million, has insisted he is trying to sell because it is “in the best interests of the club” and said the net proceeds would be “for the benefit of all victims of the war in Ukraine”.