Chelsea For Sale! Abramovich ‘Puts £2.5bn Price Tag As He Plots Record Sale’

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Chelsea Owner Abramovich Becomes Israeli Citizen Amid UK Visa Wrangle

Chelsea For Sale! Abramovich ‘Puts £2.5bn Price Tag As He Plots Record Sale’

Roman Abramovich is ready to sell Chelsea if he receives an offer in excess of £2.5billion for the football club, according to reports.

News emerged on Sunday that the Russian businessman, who was denied a new visa to enter the UK back in May, had put Chelsea up for sale and was actively looking for a buyer – though the club denied the reports.

However The Times UK is now reporting that Abramovich has even set an asking price, and will demand at least £2.5bn, a sum that would make any takeover the biggest of a football club in history.

It is also understood that the visa problem also made him put on hold the £1 billion redevelopment of Stamford Bridge, he had planned.

But sources in Chelsea insisted yesterday that Abramovich remains committed to the club and has no plans to sell following reports of a failed bid from Silver Lake, an American private equity company which was seeking to buy a minority stake.

Britain’s richest man, Sir Jim Ratcliffe, is also believed to have made a £2bn offer earlier this summer, which was rejected.

Abramovich’s £2.5bn valuation would more than treble the previous most expensive takeover in football history when the Glazer family bought Manchester United for £790m.

 

Datboyjerry

Datboyjerry

I am but your herald boy in the art of the pen.. An eccentric Environmental Biologist smouldered in the glorious epiphany of online journalism. If you ever find my article unduly insipid, sue me and i’ll refund you...

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