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

Namibia voices concern over US tariffs

AGOA is a non-reciprocal trade arrangement aimed at supporting development in African countries through preferential access to US markets The Namibian government has expressed concern over newly imposed US tariffs, warning that

Africa CDC calls for self-reliance

Data from the African Union’s specialised healthcare agency show that the continent, over the past 24 months, has witnessed an “unprecedented surge in public health emergencies,” rising from 152 disease outbreaks in

US to revoke all South Sudan visas

Trump’s administration has taken aggressive measures to ramp up immigration enforcement, including the repatriation of people deemed to be in the US illegallyThe US said on Saturday it would revoke all visas

Panama wants ‘respectful’ ties with US

The US State Department said Landau had “expressed gratitude for Panama’s cooperation in halting illegal immigration and working with the US to secure a nearly 98% decrease in illegal immigration Panama hopes
Go toTop

Don't Miss

Nod for sale of Chelsea by Roman Abramovich

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

US to seize 2 planes linked to Abramovich

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