Anxiety at Stamford Bridge As Chelsea Owner Roman Abramovich Reportedly Offloading London Homes

• Roman Abramovich was named as one of the key enablers of Vladimir Putin’s administration over the invasion of Ukraine
• Abramovich has been barred from living permanently in the UK, even though he has decried the punishments
• British MP Chris Bryant has now disclosed that the Chelsea owner is beginning to sell off his homes in London

The owner of Chelsea Football Club Roman Abramovich is suspected to be selling off his properties in London and this is according to British MP Chris Bryant, Bloomberg reports.

The UK has already sanctioned 100 Russian elites as well as their entities following the invasion of Ukraine, but Abramovich is not mentioned on the list.

He has been barred from living permanently in Britain as sources claim he owns several businesses as well as a real estate firm.

The entrepreneur has come under increasing pressure from the nation’s politicians and over the weekend he handed direct control of Chelsea Football Club to the trustees.

The five trustees Chelsea owner Roman Abramovich handed powers of the club to

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A member of Britain’s opposition Labour Party Chris Bryant said in a speech to Parliament.

“He’s terrified of being sanctioned, which is why he’s already going to sell his home tomorrow and sell another flat as well.”

Abramovich, with a net worth estimated at $13.5 billion by the Bloomberg Billionaires Index, owns several homes in London.

The property Bryant was referring to is believed to be a five-bedroom mansion at Kensington Palace Gardens valued at more than 150 million pounds ($200 million), the Times reported.

Investors prepare bids to buy Chelsea

Meanwhile, reports say 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.

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

Chelsea willing to sell two academy graduates

Sports Brief earlier reported that Chelsea boss Thomas Tuchel is reportedly open to selling academy graduates Armando Broja and Faustino Anjorin to raise funds for summer transfer targets.

Tuchel is understood to have been told he will be backed the transfer window as he looks to build a strong team that will compete for more titles next season.

According to the publication, Chelsea owner Roman Abramovich is keen to see the club more self-sufficient after investing around £1.5bn into it.