Roman Abramovich wants a minimum of £3billion to sell Chelsea as he invites bids for the club.
Roman Abramovich is looking for a quick sale of the club he bought in 2003.
Abramovich is braced for UK sanctions amid Russia’s invasion of Ukraine Abramovich is also trying to sell his portfolio of London properties.
There is a sense that securing an American buyer, potentially through a hedge fund, might be the best route towards a sale.
Nevertheless, it is clear now that Abramovich is preparing his Chelsea exit strategy.
It emerged on Tuesday that Abramovich is trying to sell his portfolio of London properties.
But any hopes of a quick sale of Chelsea remains in the balance due to what will be a reluctance of any interested parties to go anywhere near the absolute minimum £3bn Abramovich wants.
Sources claim Abramovich believes Chelsea is worth north of £3bn – as much as £4bn – but the likelihood of receiving such offers appears remote.
