CHELSEA BOSS TAKES SWIFT EXIT AS RUSSIA FINANCIAL CRISIS GROWS

A NEW ERA IN CHELSEA FOOTBALL CLUB​

Roman Abramovich has slapped a £3bn price tag on Chelsea Football Club as the Russian tycoon prepares to end his near-two decade ownership of the winners of the Club World Cup.

 Mr Abramovich’s advisers at The Raine Group were expected to issue letters to prospective bidders on Wednesday, with a deadline set for indicative bids in mid-March.

Sources close to the process said that as many as eight multibillionaires were being sounded out about their appetite to buy the club at a time when Mr Abramovich faces the possibility of being sanctioned by the UK government after Russia’s invasion of Ukraine.

The Russian is said to have turned down an offer of £2.5bn for the club from an unidentified third party earlier this week, with bids of £3bn or more expected to be taken seriously.

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Image by Adobe Stock from stock.adobe.com -- DATE OF ATTRIBUTION: 30/11/2024