Bids raised to take ownership of Chelsea from Abramovich
2 years, 9 months ago

Bids raised to take ownership of Chelsea from Abramovich

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The public lobbying to be chosen as a preferred bidder for Chelsea stepped up on Monday as increased offers were being mulled by bankers tasked with selling the English Premier League club for sanctioned owner Roman Abramovich. British property tycoon Nick Candy revealed he “significantly” increased the amount offered, having already submitted a bid of more than 2 billion pounds for the club on Friday to the New York-based bank the Raine Group, overseeing the process. Candy's “The Blue Football Consortium" features proposed investment from South Korea companies including Hana Financial Group, C&P Sports Group and a third undisclosed entity. Another consortium that bid features Todd Boehly, part owner of the Los Angeles Dodgers, Swiss billionaire Hansjorg Wyss, and Jonathan Goldstein, a London-based property investor who is CEO of Cain International.

London British Chelsea Billion  public  owner  ricketts  raised  ownership  chelsea  consortium  premier  world  bids  football  billion  abramovich  club

History of this topic

Chelsea face fresh scrutiny over secret payments made under Roman Abramovich
1 year, 1 month ago

Chelsea face fresh scrutiny over secret payments made under Roman Abramovich

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chelsea are set to face further scrutiny from …

Chelsea posts 121.3 million pounds loss, blames sanctions on ex-owner Abramovich
1 year, 9 months ago

Chelsea posts 121.3 million pounds loss, blames sanctions on ex-owner Abramovich

The Hindu  

Chelsea had an overall net loss of GBP 121.3 million for 2021-22 due to “extraordinary expenses and loss of revenue” after sanctions were imposed on previous owner Roman Abramovich, the Premier League club said on Monday. “During this period, the club was restricted in a number of areas including, but not limited to, its ability to sell matchday and season …

Chelsea chairman Bruce Buck to step down following sale of club
2 years, 6 months ago

Chelsea chairman Bruce Buck to step down following sale of club

The Hindu  

Bruce Buck, who has served as Chelsea chairman since 2003, is stepping down from his position following the change of ownership at the Premier League club. Chelsea said on Monday that Buck “will continue to support the club as a senior advisor.” Chelsea was sold last month for 2.5 billion pounds -- the highest price ever paid for a sports …

Chelsea sale saga ends as Todd Boehly’s consortium completes purchase from Roman Abramovich
2 years, 7 months ago

Chelsea sale saga ends as Todd Boehly’s consortium completes purchase from Roman Abramovich

The Hindu  

Roman Abramovich has completed the sale of Chelsea and related companies to an investment group led by Todd Boehly and Clearlake Capital, the Premier League club said on Monday, ending a three-month process to sell the club. — Chelsea FC May 30, 2022 Russian owner Abramovich put the club up for sale in early March following Russia's invasion of Ukraine, …

Todd Boehly completes Chelsea takeover as Roman Abramovich era comes to an end
2 years, 7 months ago

Todd Boehly completes Chelsea takeover as Roman Abramovich era comes to an end

Firstpost  

It marked the end of the trophy-filled, 19-year tenure of Roman Abramovich, the Russian oligarch who was forced to sell the club in March after being sanctioned by the British government over his links to Russian President Vladimir Putin following the invasion of Ukraine. London: A consortium fronted by Los Angeles Dodgers part-owner Todd Boehly completed the purchase of Chelsea …

Abramovich completes $3.2 billion sale of EPL team Chelsea
2 years, 7 months ago

Abramovich completes $3.2 billion sale of EPL team Chelsea

Associated Press  

The fast-tracked purchase of English soccer club Chelsea for 2.5 billion pounds — the highest price ever paid for a sports team — was completed Monday by a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. “We are honored to become the new custodians of Chelsea Football Club,” said Boehly, who attended some of the team’s games in recent …

Consortium fronted by Dodgers co-owner Todd Boehly completes purchase of Chelsea FC for $3.2 billion
2 years, 7 months ago

Consortium fronted by Dodgers co-owner Todd Boehly completes purchase of Chelsea FC for $3.2 billion

LA Times  

The Premier League has approved the proposed sale of Chelsea to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly, although the U.K. government still needs to sign off on the deal before it can be completed. A consortium fronted by Los Angeles Dodgers part-owner Todd Boehly completed the purchase of Chelsea on Monday for 2.5 billion pounds — …

How Abramovich was forced to sell Chelsea in fall from grace
2 years, 7 months ago

How Abramovich was forced to sell Chelsea in fall from grace

Associated Press  

Standing by the bar in a small Stamford Bridge hospitality suite was a figure who had had not been spotted at the stadium in three years: Roman Abramovich. Abramovich tried to cling onto Chelsea, even as anger over Russia’s unprovoked aggression toward its neighbor intensified, backed not just by loyal fans but club greats including John Terry hailing him as …

How Abramovich was forced to sell Chelsea in fall from grace
2 years, 7 months ago

How Abramovich was forced to sell Chelsea in fall from grace

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Abramovich tried to cling onto Chelsea, even as …

UK government approves sale of Chelsea by sanctioned Abramovich
2 years, 7 months ago

UK government approves sale of Chelsea by sanctioned Abramovich

Hindustan Times  

Roman Abramovich's 19 years as Chelsea owner is closer to ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. The reigning FIFA Club World Cup winners and 2021 European champions will be sold for 2.5 billion pounds - the highest …

Sale of Chelsea by sanctioned Abramovich approved by UK govt
2 years, 7 months ago

Sale of Chelsea by sanctioned Abramovich approved by UK govt

Associated Press  

LONDON — Roman Abramovich’s 19-year ownership of Chelsea is ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. The reigning FIFA Club World Cup winners and 2021 European champions will be sold for 2.5 billion pounds — the highest price …

Premier League approves Chelsea sale to Todd Boehly-led consortium
2 years, 7 months ago

Premier League approves Chelsea sale to Todd Boehly-led consortium

The Hindu  

The Premier League has approved the proposed sale of Chelsea to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly, although the British government still needs to sign off on the deal before it can be completed. Todd Boehly has already agreed to buy the club for 2.5 billion pounds —the highest price ever for a sports team—with Roman …

Premier League approves proposed takeover of Chelsea by Boehly-led consortium
2 years, 7 months ago

Premier League approves proposed takeover of Chelsea by Boehly-led consortium

The Hindu  

The Boehly-Clearlake consortium, which agreed terms to acquire Chelsea for 4.25 billion pounds earlier this month, passed the Premier League Owners' and Directors' Test, the league said on Tuesday, paving the way for the club's takeover. The #PL Board has today approved the proposed takeover of Chelsea Football Club The purchase remains subject to the U.K. Government issuing the required …

Chelsea sale on course to be completed ahead of May 31 deadline
2 years, 8 months ago

Chelsea sale on course to be completed ahead of May 31 deadline

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chelsea must complete the sale by May 31 when the Blues’ temporary …

Chelsea being sold to Dodgers owners for sports record $3BN
2 years, 8 months ago

Chelsea being sold to Dodgers owners for sports record $3BN

Associated Press  

The forced sale of Chelsea is ending after attracting the highest price for a sports team of 2.5 billion pounds from a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. Chelsea fans have become accustomed to lavish funding in the 19 years under Abramovich’s ownership, with more than $1 billion net spending on players who have helped the men’s …

Chelsea Football Club agree sale to Todd Boehly consortium for record $5.2 billion
2 years, 8 months ago

Chelsea Football Club agree sale to Todd Boehly consortium for record $5.2 billion

Firstpost  

London: Chelsea confirmed on Saturday that a consortium led by LA Dodgers co-owner Todd Boehly has won the battle to buy the Premier League club in a £4.25 billion deal. “Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the club,” …

Chelsea confirms terms agreed Boehly-led consortium to buy club
2 years, 8 months ago

Chelsea confirms terms agreed Boehly-led consortium to buy club

The Hindu  

Chelsea Football Club has confirmed that terms have been agreed with a consortium led by Los Angeles Dodgers part-owner Todd Boehly and backed by Clearlake Capital over the acquisition of the English Premier League football team. "Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and …

Chelsea agrees sale terms with Boehly-led consortium
2 years, 8 months ago

Chelsea agrees sale terms with Boehly-led consortium

Al Jazeera  

Deal worth $5.2bn agreed with LA Dodgers co-owner will end Abramovich’s ownership, subject to EPL and UK government approval. Chelsea Football Club has confirmed that terms have been agreed with a consortium led by Los Angeles Dodgers part-owner Todd Boehly and backed by Clearlake Capital over the acquisition of the English Premier League team. The Stamford Bridge-based outfit announced the …

Chelsea sale: Boris Johnson 'considering giving proceeds to grassroots football in the UK'
2 years, 8 months ago

Chelsea sale: Boris Johnson 'considering giving proceeds to grassroots football in the UK'

Daily Mail  

Prime Minister Boris Johnson is reportedly considering giving some proceeds of the sale of Chelsea FC to grassroots football in the UK, yet the majority will still go towards supporting Ukraine. Boris Johnson is reportedly considering giving some proceeds of the sale of Chelsea FC to grassroots football in the UK American investor Todd Boehly is the frontrunner to become …

Chelsea: Profile on the US businessmen who want to buy the Stamford Bridge club
2 years, 9 months ago

Chelsea: Profile on the US businessmen who want to buy the Stamford Bridge club

Daily Mail  

Roman Abramovich put Chelsea up for sale on March 2, amid Russia's invasion of Ukraine. However, when Walter's ownership group bought the Dodgers, Boehly negotiated the record-setting television rights deal that provided the team with more than enough money to sign whatever players they wanted. Todd Boehly is not the controlling owner of the LA Dodgers but has played pivotal …

Chelsea: Roman Abramovich could still scupper sale as he is 'not keen on bids from US and Britain'
2 years, 9 months ago

Chelsea: Roman Abramovich could still scupper sale as he is 'not keen on bids from US and Britain'

Daily Mail  

Roman Abramovich can still scupper the Chelsea sale with sources insisting that he does not want to accept a bid from a country that has sanctioned Russian oligarchs. US businessman Todd Boehly is leading one of the two major American bids for Chelsea The Ricketts family publicly confirmed their intention to bid for the Blues on Wednesday This update comes …

British businessman Nick Candy wants fan involvement as race to buy Chelsea heats up
2 years, 9 months ago

British businessman Nick Candy wants fan involvement as race to buy Chelsea heats up

Firstpost  

Roman Abramovich put Chelsea up for sale on 2 March, amid Russia’s invasion of Ukraine. Nick Candy has vowed to involve Chelsea fans if the British property tycoon succeeds in his bid to buy the troubled Premier League club. Candy issued a lengthy statement in confirming the submission of his bid, vowing to write off the loan to Chelsea Pitch …

Three bids submitted for Chelsea as deadline passes
2 years, 9 months ago

Three bids submitted for Chelsea as deadline passes

The Hindu  

Three bids have been made to purchase English Premier League club Chelsea by groups led by British property developer Nick Candy, Chicago Cubs owners the Ricketts family and the pairing of Martin Broughton and Sebastian Coe. South Korean companies Hana Financial Group and C&P Sports Limited have joined forces with Candy to bid two billion pounds for Chelsea, a statement …

Nick Candy makes ‘golden share’ pledge to Chelsea fans as bids submitted
2 years, 9 months ago

Nick Candy makes ‘golden share’ pledge to Chelsea fans as bids submitted

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The British property tycoon vowed to hand Chelsea fans the coveted ‘golden …

John Terry 'leading a £250m consortium called True Blue looking to buy 10 per cent stake in Chelsea'
2 years, 9 months ago

John Terry 'leading a £250m consortium called True Blue looking to buy 10 per cent stake in Chelsea'

Daily Mail  

John Terry is reportedly at the forefront of a consortium that is looking to purchase a 10 per cent stake in Chelsea for £250million. Goal claim the Chelsea legend - along with former women's star Claire Rafferty - are heading up the consortium called True Blue. Former captain John Terry is reportedly at the forefront of a consortium that is …

Chelsea bidders raise stakes as battle to take over at crisis club intensifies
2 years, 9 months ago

Chelsea bidders raise stakes as battle to take over at crisis club intensifies

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Lord Sebastian Coe revealed he had joined Broughton’s consortium bid, Chicago Cubs …

Chelsea: TWO HUNDRED investors interested in buying £3bn Blues must make CASH offers
2 years, 9 months ago

Chelsea: TWO HUNDRED investors interested in buying £3bn Blues must make CASH offers

Daily Mail  

The parties interested in bidding for Chelsea have been advised to submit a detailed background report on all investors amid the growing anxieties over appropriate club ownership. New York-based merchant bank Raine are advising Chelsea on the sale, while Sportsmail understands Blues director Marina Granovskaia is also offering interested groups guidance during the process. Parties interested in bidding for Chelsea …

Nick Candy says Chelsea 'needs to be in safe hands'
2 years, 9 months ago

Nick Candy says Chelsea 'needs to be in safe hands'

Daily Mail  

British billionaire Nick Candy has said he will give Chelsea fans a seat on the club's board if he buys the Premier League giants from Roman Abramovich. Speaking ahead of Chelsea's Premier League clash with Newcastle United, Candy told Sky Sports News: 'It's going good. British billionaire Nick Candy has said he will give Chelsea fans a seat on the …

Chelsea FC: Nick Candy still interested in buying despite uncertainty following Roman Abramovich sanctions
2 years, 9 months ago

Chelsea FC: Nick Candy still interested in buying despite uncertainty following Roman Abramovich sanctions

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nick Candy’s vision for a redeveloped Stamford Bridge …

Chelsea shirt sponsor Three suspends deal after Roman Abramovich sanctioned
2 years, 10 months ago

Chelsea shirt sponsor Three suspends deal after Roman Abramovich sanctioned

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chelsea’s shirt sponsor Three has suspended its deal …

Roman Abramovich: Chelsea tycoon scrambling to save empire
2 years, 10 months ago

Roman Abramovich: Chelsea tycoon scrambling to save empire

Firstpost  

The UK government’s decision to freeze his assets cripples the activities of Chelsea Football Club, the jewel in Abramovich’s crown, and delivers another crushing blow to his business realm. London, United Kingdom: Roman Abramovich rose from a penniless background in Russia’s frozen north to become a multi-billionaire and a celebrity football tycoon, but his empire is teetering on collapse after …

Chelsea future uncertain after sanctions against owner Roman Abramovich
2 years, 10 months ago

Chelsea future uncertain after sanctions against owner Roman Abramovich

Hindustan Times  

European champions Chelsea are now effectively under the control of the British government after Russian owner Roman Abramovich was placed under sanctions on Thursday. SPECIAL LICENCE Chelsea are now operating under a special government licence, which allows some exemptions to the asset freeze restrictions, in order to allow the west London club to fulfil their fixtures. British government Culture Secretary …

Chelsea sale could still go through despite Roman Abramovich being sanctioned
2 years, 10 months ago

Chelsea sale could still go through despite Roman Abramovich being sanctioned

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Roman Abramovich has been sanctioned by the UK …

Chelsea owner Roman Abramovich, Oleg Deripaska among seven oligarchs hit by new UK sanctions, says government
2 years, 10 months ago

Chelsea owner Roman Abramovich, Oleg Deripaska among seven oligarchs hit by new UK sanctions, says government

Firstpost  

Chelsea Football Club owner Roman Abramovich was on Thursday hit with an assets freeze and travel ban as part of new UK government sanctions targeting seven Russian oligarchs. London, United Kingdom: Chelsea Football Club owner Roman Abramovich was on Thursday hit with a UK assets freeze and travel ban, throwing his plans to sell the European and world club champions …

Who is Nick Candy? The British billionaire who could buy Chelsea from Roman Abramovich
2 years, 10 months ago

Who is Nick Candy? The British billionaire who could buy Chelsea from Roman Abramovich

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nick Candy has been named as a potential …

Chelsea: Roman Abramovich's era in numbers as he prepares £3bn sale of the club
2 years, 10 months ago

Chelsea: Roman Abramovich's era in numbers as he prepares £3bn sale of the club

Daily Mail  

Roman Abramovich's era at Chelsea has come to an abrupt, shuddering end. Striker Romelu Lukaku re-joined the club for £98m, having decided to leave Inter Milan Kai Havertz is Chelsea's second most expensive player after his £89m arrival last September And the spending didn't stop there. Claudio Ranieri was the first manager in Abramovich's spell, but he was later sacked …

Manager Thomas Tuchel 'can't imagine' Chelsea without Roman Abramovich after club put up for sale
2 years, 10 months ago

Manager Thomas Tuchel 'can't imagine' Chelsea without Roman Abramovich after club put up for sale

Firstpost  

Abramovich has come to the “incredibly difficult” conclusion that he must sell Chelsea amid the political fall-out from Russia’s invasion of Ukraine. Thomas Tuchel admitted he cannot imagine life without Roman Abramovich after the Russian billionaire’s stunning decision to put Chelsea up for sale. Abramovich bought Chelsea in 2003 and his vast investment helped the west London club win 19 …

Roman Abramovich to Sell Chelsea With Proceeds Going to Ukraine War Victims
2 years, 10 months ago

Roman Abramovich to Sell Chelsea With Proceeds Going to Ukraine War Victims

The Quint  

The Russian will not ask to be repaid the GBP 1.5 billion the club owes him. Chelsea won the Club World Cup for the first time last month, with Abramovich in attendance in Abu Dhabi, after clinching a second Champions League title last year. The first Champions League title also came under Abramovich’s ownership. Chelsea have won 19 major trophies …

Abramovich selling Chelsea in fallout from Russia's invasion
2 years, 10 months ago

Abramovich selling Chelsea in fallout from Russia's invasion

The Hindu  

Faced with the threat of financial sanctions targeting Russians, Chelsea owner Roman Abramovich announced Wednesday he is trying to sell the Premier League club that became trophy-winning machine thanks to his lavish investment. Follow live updates here “Please know that this has been an incredibly difficult decision to make, and it pains me to part with the club in this …

Roman Abramovich confirms he will sell Chelsea
2 years, 10 months ago

Roman Abramovich confirms he will sell Chelsea

The Hindu  

Faced with the threat of financial sanctions targeting Russians, Chelsea owner Roman Abramovich confirmed on Wednesday he is trying to sell the Premier League club he turned into an elite trophy-winning machine with his lavish investment. “Please know that this has been an incredibly difficult decision to make, and it pains me to part with the club in this manner,” …

Russian billionaire Roman Abramovich confirms he is putting Premier League club Chelsea up for sale amid the invasion of Ukraine
2 years, 10 months ago

Russian billionaire Roman Abramovich confirms he is putting Premier League club Chelsea up for sale amid the invasion of Ukraine

ABC  

Roman Abramovich has confirmed his decision to sell Chelsea amid Russia's continued invasion of Ukraine. 2005, 2009 Club World Cup wins: 2021 UEFA Super Cup wins: 2021 Europa League wins: 2012/13, 2018/19 The Russian-Israeli billionaire, who has owned the Blues since 2003 and helped steer the Stamford Bridge club to 19 major trophies, has promised to donate money from the …

Chelsea face apprehension from rival clubs to deal with them
2 years, 10 months ago

Chelsea face apprehension from rival clubs to deal with them

Daily Mail  

Chelsea are facing apprehension from rival clubs about dealing with them in the summer transfer window. Chelsea have been linked with a host of high-profile players ahead of the summer transfer window, including Borussia Dortmund striker Erling Haaland, West Ham midfielder Declan Rice and Sevilla defender Jules Kounde. Chelsea are facing apprehension from clubs to deal with them in the …

EXPLAINER: How Abramovich changed the face of English soccer
2 years, 10 months ago

EXPLAINER: How Abramovich changed the face of English soccer

Associated Press  

Roman Abramovich changed the face of English football by taking over Chelsea in 2003. A glance at Abramovich’s 19-year reign, which is set to come to an end after he announced plans to sell Chelsea amid the threat of financial sanctions targeting Russians in the wake of the invasion of Ukraine: TROPHIES Before Abramovich arrived, Chelsea was widely regarded as …

Abramovich selling Chelsea in fallout from Russia’s invasion
2 years, 10 months ago

Abramovich selling Chelsea in fallout from Russia’s invasion

Associated Press  

LONDON — Faced with the threat of financial sanctions targeting Russians, Chelsea owner Roman Abramovich announced Wednesday he is trying to sell the Premier League club that became trophy-winning machine thanks to his lavish investment. Parliamentary privilege had been used by Labour Party legislator Chris Bryant to claim in the House of Commons that Abramovich was already looking to sell …

News of a hunt for American investors has Chelsea fans fearing a Man United-style nightmare
2 years, 10 months ago

News of a hunt for American investors has Chelsea fans fearing a Man United-style nightmare

Daily Mail  

The news of Roman Abramovich's decision to sell Chelsea marks the end of an era for the club and its supporters - many of which are now fearing the worst for their football team. Fans ire towards the Glazers has reared it's head in many forms, from the green and gold scarves protests to last year's pitch invasion following a …

Roman Abramovich's £3BN asking price for Chelsea well over the odds, according to financial analysts
2 years, 10 months ago

Roman Abramovich's £3BN asking price for Chelsea well over the odds, according to financial analysts

Daily Mail  

Roman Abramovich's asking price of more than £3BN for Chelsea is well over the odds, according to analysts, who put the club's market value closer to £2BN. Abramovich has brought incredible success to Chelsea, investing £1.5BN in the club One of the challenges for the Blues is the size of Stamford Bridge compared to rivals' grounds 'It could be he …

Abramovich to sell Chelsea amid fallout from Russia-Ukraine war
2 years, 10 months ago

Abramovich to sell Chelsea amid fallout from Russia-Ukraine war

Al Jazeera  

Russian billionaire says the proceeds of the sale will go to a foundation dedicated to victims of the war in Ukraine. Russian businessman Roman Abramovich said he has decided to sell Chelsea Football Club, 19 years after buying the London side, and promised to donate money from the sale to help victims of the war in Ukraine. “I have always …

Inside Stamford Bridge: What life without Roman Abramovich will mean for Chelsea
2 years, 10 months ago

Inside Stamford Bridge: What life without Roman Abramovich will mean for Chelsea

The Telegraph  

Roman Abramovich has confirmed he is planning to sell Chelsea, with the Russian billionaire pledging to donate any net proceeds from the sale to help victims of the war in Ukraine. Ownership The fear for Chelsea has always been what the club would look like once Abramovich has gone. Offers have been fielded in the past, Abramovich first employed the …

Roman Abramovich puts Chelsea up for sale in fallout from Russia’s invasion
2 years, 10 months ago

Roman Abramovich puts Chelsea up for sale in fallout from Russia’s invasion

LA Times  

Chelsea soccer club owner Roman Abramovich confirmed Wednesday he is trying to sell the Premier League powerhouse. Faced with the threat of financial sanctions targeting Russians, Chelsea owner Roman Abramovich confirmed Wednesday he is trying to sell the English Premier League soccer club he turned into an elite trophy-winning machine with his lavish investment. However, Abramovich insisted that “the sale …

Discover Related