Investors Prepare to Buy English Premier League Club Chelsea Amid Uncertain Future of Owner Abramovich

Investors Prepare to Buy English Premier League Club Chelsea Amid Uncertain Future of Owner Abramovich

Babajide Orevba
updated at April 12, 2023 at 7:56 PM
  • Roman Abramovich could lose ownership of English Premier League club Chelsea as he is barred from living in the UK permanently
  • The Russian billionaire has been regarded as one of the key enablers of Vladimir Putin’s administration as Russia invades Ukraine
  • Latest reports have it that investors in the US and other parts of the world are preparing bids to takeover Chelsea

A number of investors around the world are said to be preparing takeover bids for English Premier League outfit Chelsea as Roman Abramovich’s future at the club remains questioned.

British Labour MP Chris Bryant had told the House of Commons that the Russian entrepreneur should be barred from living in the UK permanently.

The Chelsea owner Abramovich was named among the key enablers of Vladimir Putin’s administration as Russia invades Ukraine.

Roman Abramovich
Roman Abramovich named among key-enablers of Vladimir Putin. Photo: Clive Rose
Source: Getty Images

It is not suggested that the billionaire has any involvement, but now Bloomberg reports via Daily Star that private firms from the US have shown interest in buying the Premier League club, which is valued at around £1.5billion.

Recall that in 2003, Abramovich acquired the Champions League club as he was said to have made his fortune from Oil. He is said to have a net worth of £9.7billion.

Meanwhile, Blues manager Thomas Tuchel was recently quizzed about whether UEFA's recent decision to strip Russia of the Champions League from St Petersburg to Paris was the right call amid the growing conflict from Russia to Ukraine.

The German boss said:

“'Yes, a clear yes (it was the right decision). And sadly I think it's the worst reason to have to change a location.
"We feel horrible about it in general and it clouds our minds and our focus, of course. I can absolutely understand the decision. There are things more important.”

Fonseca stranded in Ukraine

Former Roma manager Paulo Fonseca has revealed he and his family are currently stranded in Ukraine after war broke out between the Eastern European country and Russia.

The Russian military has started attacking Ukrainian cities after President Vladimir Putin declared war against Ukraine on Thursday, February 24.

Portuguese manager Paulo Fonseca got stranded with his wife and son after their last-ditch attempt to escape war-torn Kiev failed with their morning flight abandoned.

Klitschko Brothers vow to take up arms for Ukraine

Sports Brief earlier reported that a former world heavyweight boxing champion Vitali Klitschko has declared that he is ready to take up arms alongside his brother Wladimir as Russia invades their home country Ukraine.

Russian President Vladimir Putin had declared a "specialised military operation" in Ukraine's Donbas region and warned the international community not to interfere.

Ukraine president Volodymyr Zelensky claimed that no fewer than 137 people had been killed while 316 are injured as tension continues to escalate.

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Babajide Orevba photo
Babajide Orevba
Babajide Orevba is a CAF accredited Nigerian journalist and HOD of the Local Desk with over 10 years of experience in media landscape.He studied NCE Political Science/Social Studies, AOCOED.
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