EPL: Abramovich makes two demands from Chelsea’s new owner

Date:

Russian billionaire, Roman Abramovich is demanding that Chelsea’s new owners continue to invest in the Blues squad and pledge to redevelop Stamford Bridge, Sky Sports reports.

Abramovich had announced that he had put Chelsea up for sale, insisting that the decision is in Chelsea’s ‘best interest’.

The 55-year-old has decided to sell Chelsea after the threat of sanctions from the UK Government.

It’s understood that Abramovich, who bought Chelsea for £140 million back in 2003, has set a £3 billion asking price.

Abramovich is also keen to find a suitable buyer for Chelsea, as he wants the new owners to continue to replenish the squad with new signings, as well as oversee a revamp of the stadium.

However, about ten parties are considering submitting an offer to buy Chelsea, with American investment bank The Raine Group tasked with handling the sale.

Meanwhile, a Swiss-American consortium is leading the race to buy the west London club and the group are growing increasingly confident that a deal can be reached in the coming days.

Author

Share post:

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

FCT SWAN Honors Barrister Babatunde Akintade for Grassroots Football Development

The Sports Writers Association of Nigeria (FCT Chapter) has...

Dikko tasks Polo faithful on sports weekend economy

NSC Chairman Mallam Shehu Dikko has reiterated the commission's...

NNL CEO, Emmanuel Attah, Celebrates Son’s Wedding

For Mr. and Mrs. Kemi and Emmanuel Attah, the...

Atalanta snub Liverpool’s January interest in Lookman

Atalanta are unwilling to sell any of their stars...

Heartland’s Ori out for two weeks after surgery

Heartland FC midfielder, Elvis Ori has undergone successful facial...

Popular

More like this
Related

FCT SWAN Honors Barrister Babatunde Akintade for Grassroots Football Development

The Sports Writers Association of Nigeria (FCT Chapter) has...

Dikko tasks Polo faithful on sports weekend economy

NSC Chairman Mallam Shehu Dikko has reiterated the commission's...

NNL CEO, Emmanuel Attah, Celebrates Son’s Wedding

For Mr. and Mrs. Kemi and Emmanuel Attah, the...

Atalanta snub Liverpool’s January interest in Lookman

Atalanta are unwilling to sell any of their stars...