SportsDay
SPORTS UPDATE

Trillionaire linked with Chelsea richer than Man City’s and Newcastle owners

Chelsea could have the support of trillionaire backers should the Saudi Media Group be successful in their bid to buy the club from Roman Abramovich.

Stamford Bridge chiefs have had interest from hundreds of potential backers following the news that Abramovich had chosen to sell before being frozen out after Vladimir Putin’s Ukraine invasion begun.

Having been linked to Todd Boehly and Nick Candy among others, the Saudi Media Group have put in a bid worth £2.7billion with Blues fan Mohamed Alkhereiji leading the pirate consortium.

Although Alkhereiji’s net worth is said to be in the region of around £1.7bn, the bid is said to have the backing of Mohammed bin Khalid Al Saud.

CBS Sports report that Khalid Al Saud, who is a member of the House of Saud, has offered up his support.

The House of Saud are thought to have assets worth an astonishing £1.19trillion – which is far more than both Newcastle and Manchester City have at their disposal.

While City owners the Abu Dhabi Group alongside Sheikh Mansour are thought to have a net worth of around £9.2billion, Newcastle’s Public Investment Fund of Saudi Arabia have around £500bn.

However, there is one huge caveat to the Chelsea links – with Khalid Al Saud said to be involved in a supportive way to help find funding – and not funding a move himself.

With talks ongoing at Stamford Bridge, Roman Abramovich was seen for the first time in public after having his assets frozen by the UK government.

The Russian oligarch was spotted in the VIP lounge at Ben Gurion International airport in Lod, Israel sporting a grey beard and glasses.

Although he is barred from entering the UK due to long-standing visa rules, he retains Israeli citizenship which means he can travel to and from the country.

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