March 3, 2022
1 min read

Abramovich wants to get rid of Chelsea quickly

Abramovich gave “stewardship and care” of Chelsea to its foundation trustees following Russia’s invasion of Ukraine…reports Asian Lite News

Business tycoon Roman Abramovich’s future as Chelsea football club owner is in doubt after a Swiss billionaire claimed that he has been offered the chance to buy the club, BBC reported.

Hansjorg Wyss told a Swiss newspaper that Abramovich “wants to get rid of Chelsea quickly” after the threat of sanctions was raised in the Parliament.

Abramovich gave “stewardship and care” of Chelsea to its foundation trustees following Russia’s invasion of Ukraine.

Chelsea have chosen not to respond to Wyss’s claims.

The west London club always previously denied reports that they are up for sale, BBC reported.

Abramovich, 55, is alleged to have strong ties to Russian president Vladimir Putin, which he has denied. Other Russian billionaires have already been the subject of European Union sanctions where their assets have been frozen.

That has included Russian billionaire Alisher Usmanov, who has commercial links to Everton, BBC reported.

The UK government is yet to sanction Abramovich or Usmanov, but Labour MP Chris Bryant said in the Parliament on Tuesday that Abramovich was “terrified of being sanctioned which is why he is going to sell his home, and another flat as well”.

Wyss also said: “Abramovich is trying to sell all of his villas in England, he also wants to get rid of Chelsea quickly.

“I and three other people received an offer on Tuesday to buy Chelsea from Abramovich.”

ALSO READ-Russia, Ukraine to hold 2nd round of talks

Previous Story

YouTubers contributed nearly 7,000 cr to Indian economy in 2020

Next Story

UNECA chief urges Africa to tap into tech, innovation

Latest from -Top News

Pak Army Chief Targets India Again

This is not the first time that Munir has indulged in loose talk, exhibiting conduct unbecoming an officer….reports Asian Lite News Pakistan’s Chief of Army Staff (COAS) General Syed Asim Munir on

Relief for Students: US Visa Cancellations Paused

More than 1,500 student visas have been cancelled so far…reports Asian Lite News The United States on Friday abruptly paused the cancellation of student visas issued to international students, according to reports.

Yunus Must Be Treated Like Hasina, Warn Islamists

Islamist group made these warnings to the interim government, terming the women’s reform body proposals as “anti-Islamic…reports Asian Lite News The radical Islamist group in Bangladesh, Hefazat-e-Islam, has issued a threat, stating

UN: Bring Pahalgam Terrorists to Justice

The members of the Security Council “stressed that those responsible for these killings should be held accountable..reports Asian Lite News The Security Council has “condemned in the strongest terms” the Pahalgam terrorist
Go toTop

Don't Miss

US to seize 2 planes linked to Abramovich

The department’s move targets one of the wealthiest Russian billionaires,

Nod for sale of Chelsea by Roman Abramovich

Earlier, the proposed takeover by the Todd Boehly/Clearlake consortium was