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Roman Abramovich has already received £3billion offers for Chelsea

Roman Abramovich has already received several serious bids in the region of £3billion to buy Chelsea, the PA news agency understands.

Tamford Bridge bosses are understood to be still at the stage of accepting bids for the west London club.

Further offers for the Champions League holders are expected given the high level of interest in one of the most attractive and well-known football assets in the world.

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Roman Abramovich, second left, with Cesar Azpilicueta, second right, and the Champions League trophy after Chelsea’s win over Manchester City in Porto in 2021 (Adam Davy/PA)

Chelsea bosses and the sales team are expected to review the credible offers once all bids have been submitted.

Russian-Israeli billionaire Abramovich vowed to follow due process in his sale when he issued a statement Wednesday night announcing his intention to end his 19-year tenure at Chelsea.

Swiss billionaire Hansjorg Wyss has already publicly announced his intention to bid for Chelsea and has secured US business tycoon Todd Boehly as the first major partner in a consortium that continues to form.

Blues owner Abramovich hopes to have a figure in the region of £2billion to donate to a new charitable foundation being set up specifically to help victims of the Russian war in Ukraine.

The sheer scale of such donations means Abramovich must establish a new facility with staff and infrastructure capable of distributing funds to maximize the impact of aid to victims.

Abramovich vowed in his statement on Wednesday not to take any money from the sale of Chelsea. And it goes without saying that all proceeds, with the exception of transaction costs, will go to the new charitable foundation.

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Chelsea have won everything in global club football during Roman Abramovich’s time as Blues owner (PA Graphics/Press Association)

Abramovich made the decision to sell Chelsea on Wednesday after serving at the helm for almost two decades and guiding the Blues to 21 trophies during his tenure.

The Blues owner made the decision in light of the Russian invasion of Ukraine.

A number of high-profile politicians have called in Parliament for Abramovich to be placed under British government sanctions amid allegations that he has links to Russia’s political situation.

But the PA news agency believes that government organizations have not been able to demonstrate reasonable grounds for sanctions against other Russian oligarchs.

Abramovich has always claimed that he acted entirely appropriately, and it is understood that he even attempted to negotiate a peace deal between Russia and Ukraine.

After 19 years at Stamford Bridge and a forever changed face of English football, Abramovich’s time as Chelsea owner is coming to an end.

Abramovich is understood to be now considering the right time to sell Chelsea, in small part after completing the string of major global trophies as the Blues won the Club World Cup in Abu Dhabi last month.

“Please know that this has been an incredibly difficult decision and it pains me to part with the club in this way. However, I believe it is in the club’s best interest,” Abramovich said in his statement on Wednesday night.

“It has been a privilege of my life to be a part of Chelsea FC and I am proud of all our achievements together.”

Premier League chief executive Richard Masters welcomed Abramovich’s decision to put Chelsea up for sale.

Speaking at the Financial Times’ Business of Football Summit, Masters said: “I think the situation has escalated incredibly quickly over the past seven days and he’s come to the right conclusion.

I think the situation escalated incredibly quickly in the last seven days and he came to the right conclusion. It is not sustainable in the current environment.Richard Masters on Roman Abramovich

“That is not sustainable in the current environment. It’s a welcome decision and of course, for the good of everyone, including the fans, once the sales process is complete everyone will have peace of mind.”

When asked what would happen to the sale if Abramovich were sanctioned by the UK, Masters told the London audience: “I don’t think that’s going to work.

“I think the fastest (sale) we’ve ever made was 10 days, that doesn’t mean that this record can’t be beaten, but it usually takes several weeks.”

Culture Minister Nadine Dorries suggested on Thursday that sanctions against more Russian people could be envisaged.

https://www.independent.ie/sport/soccer/roman-abramovich-has-already-received-offers-in-region-of-3billion-for-chelsea-41409015.html Roman Abramovich has already received £3billion offers for Chelsea

Fry Electronics Team

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