Chelsea sale is back after Roman Abramovich reach a new agreement with UK Government

The issue between Chelsea FC and the UK government over the sale of Chelsea is no longer new news to us.

Recall that the United Kingdom government recently sanctioned the West London club boss, Roman Abramovich, and got all his assets frozen also placed a tracking ban on him.

Chelsea FC on their own has faced a series of ups and downs ever since the United Kingdom government-sanctioned Abramovich.

Some of the ban and restriction that was placed in Chelsea includes;

  • No signing of new players and no transfer or sale of old players.
  • Sponsored pulling out.
  • No sale of tickets only annual ticket holders is eligible to watch the West London match.

According to reports in Daily Telegraph, the Russian Billionaire has instructed the Raine Group, the merchant bank overseeing the sale of the West London club to push ahead with the process of getting a buyer and sealing the takeover of the club.

After the West London club boss and Raine officials had a meeting, they decided to make use of the funds raised from the sale of the club as well the buyer themselves, which will require authorization from on high.

According to reports, a sale deadline has been placed on the club which is next Tuesday for the first bid to be submitted, we look forward to seeing Abramovich having a smooth and easy transaction.

4 Comments

  1. UK government should not facilitate the demise of the club instead pave way for smooth transition. We fans would like to appeal to the government to rescind it’s decision to delay the sale of the club. Let Chelsea football club it’s buyer as quickly as possible so that performance of the club is not affected. Politics should be put aside period.

  2. WELL SAID DAVID, THAT MAKES SENCE TO ME.!! NO WAY DO WE WANT THE PERFORMANCE OF THE CLUB AFFECTED, WHY ?? SHOULD ON THE FIELD BE AFFECTED THE PLAYERS HAVE DONE NO WRONG.

Leave a Reply

Your email address will not be published.


*