Panic in England As Top Premier League Club Is Put Up for Sale by Owner

Panic in England As Top Premier League Club Is Put Up for Sale by Owner

Chukwu Ikechukwu
updated at April 12, 2023 at 7:57 PM
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  • Roman Abramovich has put Chelsea Football Club up for sale as the Russian billionaire is looking for a quick sale of the club
  • Abramovich bought the London club in 2003 and has invested over £1billion into Chelsea since his takeover
  • The Russian billionaire has slammed a £4 billion price tag on Chelsea who are currently the defending champions of the UEFA Champions League

Roman Abramovich has reportedly put Chelsea up for sale as pressure continues to mount on the Russian billionaire amid the crisis in Ukraine.

According to a report Give Me Sport, the 55-year-old is believed to be looking for a quick sale of the Blues and has slammed a £4 billion price tag on Chelsea.

Panic in England As Top Premier League Club Is Put Up for Sale by Owner
Roman Abramovich is willing to listen to offers for Chelsea as pressure grows over his ownership. Photo by Alexander Hassenstein
Source: Getty Images

The news comes after the Russian moved to step away from Chelsea following Russia’s invasion of Ukraine after handing stewardship of the club to the Trustees of the Chelsea Foundation.

Pressure has been mounting on Abramovich by Legislators in the UK for the billionaire’s assets to be seized since Russia declared war on Ukraine as many believe he is a strong ally to Vladimir Putin.

Abramovich declared “Person of Interest” by UK legislators

Meanwhile, Chelsea owner, Roman Abramovich has been declared a person of interest by the United Kingdom Parliament.

According to ESPN, opposition party leader, Labour's Sir Keir Starmer has called for sanctions against the Chelsea owner.

"Roman Abramovich is the owner of Chelsea Football Club and various other high-value assets in the United Kingdom,"
"He is a person of interest to the Home Office because of his links to the Russian state and his public association with corrupt activity and practices.”

Roman Abramovich has always denied any ties to the Putin regime but is now considering selling all his properties in the UK in case of government sanctions.

Swiss billionaire confirms big offer for him to buy Chelsea

Earlier, Sports Brief reported Chelsea are now on the verge of being sold after Swiss billionaire Hansjorg Wyss confirmed that he has been approached by Roman Abramovich.

Roman Abramovich has been under serious criticism following Russia's attack on Ukraine and the situation forced him to hand over the control of the Blues to some people.

But despite his decision, there have been talks that Roman Abramovich should not be allowed to own any property in England due to the fact that he is a Russian.

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Chukwu Ikechukwu
Chukwu Ikechukwu Godwin is a journalist with over 9 years of experience in the Nigerian media industry. He has worked both in Radio (Today FM, Rhythm FM, Wish FM) and Television (Silverbird TV) as a Sports Analyst..
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