EPL: Abramovich demands extra £500m from bidders to sell Chelsea

Date:

Chelsea owner, Roman Abramovich, is demanding an extra £500m from the successful bidding consortium.

According to Sky News, the trio of billionaire-studded consortia were informed in the last 48 hours of Abramovich’s request.

They state that the Russian wants this figure guaranteed to increase the pot that will be handed to charitable causes.

It is believed that this total will see the value of Chelsea reaching at least £2.5billion – with £1bn of that being donated to charities.

Abramovich, 55, was sanctioned last month on the back of his homeland Russia’s invasion of Ukraine in February.

Abramovich had already lined up to sell the club following the invasion, and he still will be able to do so as long as he doesn’t financially benefit from the sale.

Chelsea must now operate under a stringent government licence, to ensure Abramovich does not profit from it.

Author

Share post:

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Wrestling Federation congratulates Shehu Dikko, Bukola Olopade on NSC appointment by President Tinubu

The Nigeria Wrestling Federation has extended its congratulations to...

Serbian Coach Drills Bethel For Supremacy Cup

A Serbian UEFA Pro licensed coach, Boris Savic has...

SPOCS U19 Youth Scouting Tournament Begins Today

…As More Scouts Arrive All is now set for the...

Ayoze Perez inspires Spain to 2-1 win over Denmark, secures top spot

Ayoze Perez played a key role as Nations League...

Morocco 2025: Super Eagles, Rwanda’s Amavubi arrive Uyo

Group winners Nigeria and final-day opponents Rwanda on Friday...

Popular

More like this
Related

Wrestling Federation congratulates Shehu Dikko, Bukola Olopade on NSC appointment by President Tinubu

The Nigeria Wrestling Federation has extended its congratulations to...

Serbian Coach Drills Bethel For Supremacy Cup

A Serbian UEFA Pro licensed coach, Boris Savic has...

SPOCS U19 Youth Scouting Tournament Begins Today

…As More Scouts Arrive All is now set for the...

Ayoze Perez inspires Spain to 2-1 win over Denmark, secures top spot

Ayoze Perez played a key role as Nations League...