CHELSEA NEWS

Investors brace-up for Chelsea takeover with offers as Abramovich’s future as owner uncertain

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Yes you heard it right. Roman Abramovich’s Chelsea ownership is in question since Russia invaded Ukraine. Abramovich’s Chelsea ownership has come under immense criticism in the UK after the country condemned Russia’s actions. Britain have vowed to impose heavy sanctions on Russia in every way possible. Moreover, every high-profile personality linked with Russian President Vladimir Putin will also face the sanctions as declared by the British government. It is no secret that Roman Abramovich is a close aide and one for the oligarchs of Putin and since could face the sanctions too. Amidst the sanctions Roman Abramovich could also be forced to give-up his ownership of Chelsea. Many of the investors see this as an opportunity to takeover the ownership of Chelsea and have readied the offers too.

Abramovich took-over Chelsea in 2003 for a reported amount of $190 million. The Russian has since heavily invested in the club making them one of the Europe’s most powerful clubs. Roman’s investment saw Chelsea splash huge amounts on transfers from time-to-time. As a result Chelsea became the most successful English club in terms of trophies won since Roman’s Chelsea take-over in 2003. The club won a massive 18 trophies, which include 5 Premier League titles. But since Russia’s invasion has angered the UK, top officials have called for Abramovich to be stripped-off his Chelsea ownership. Labour MP Chris Bryant has come-down heavily on Roman Abramovich while recently speaking in the House of Commons.

Offers line-up for Chelsea takeover

Labour MP Bryant urged British government to prohibit Abramovich from entering the UK or conduct any business in the country. Bryant further cited a leaked document from Home Office which dates back to 2018. The document stated Roman Abramovich should not be allowed to be based in the UK “due to his links to the Russian state and his public association with corrupt activity and practices”. Bryant said, “That is nearly three years ago and yet remarkably little has been done in relation. Surely Mr Abramovich should no longer be able to own a football club in this country? Surely we should be looking at seizing some of his assets including his £152m ($200 million) home?”

Since Roman’s ownership of Chelsea is under threat, offers are lining-up to takeover Chelsea. According to American-based Bloomberg Television investors and private equity firms from the United States are the first ones to register their interest. The firms from the US have made substantial offers to takeover Chelsea. Moreover, they are ready with their cheques to buy the Champions League winners currently valued at $2 billion.

Thomas Tuchel has also commented on UEFA’s decision to move the Champions League final from St. Petersburg, Russia. “Yes, a clear yes (it was the right decision). And sadly I think it’s the worst reason to have to change a location,” said Tuchel. However, the Chelsea boss admitted that the scenario is “distracting” the club too. “I would love to take my right not to comment on this until there is a decision made. But we are aware of it and it’s distracting us, it’s worrying us. At the moment we don’t feel responsible for all this. We feel that it is horrible and there can be no doubt about it,” stated Tuchel in his stance.

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