Sports

The end of an era: Abramovich would like to sell Chelsea

Published

27 August 2018

3:04 PM

After fifteen years at the head of Chelsea, Roman Abramovich could well say stop. According to the Sunday Times, the Russian owner would like to hand over, to the point that he would have already set the price of the club. An American investment bank, Raine Group, is already at work to find a future buyer.

It’s a fifteen-year-old page that could turn to Chelsea. Owner of the Blues since 2003, Roman Abramovich would seriously consider giving up his place. The information is revealed by the very serious Sunday Times , which adds that the US investment bank Raine Group is currently seeking investors in China, the United States and the Middle East. The price set? A little over 2 billion pounds. A record for a football club.

Roman Abramovich has spent almost £900m on #CFC since buying the club for £140m in 2003 and would be guaranteed a huge return on his investment should he choose to sell, reports @MattHughesTimes https://t.co/v14AHENXSC

— Times Sport (@TimesSport) August 27, 2018

If we believe the British daily, we could quickly attend the end of the Abramovich era in Chelsea. After a relatively quiet summer transfer (except the arrivals of Jorginho and Kepa), the British club is now looking for a budget of one billion pounds. The reason is simple and known: the finalization of the project of the new stadium, which should be of the order of 60,000 places. For now, the latter is suspended. A renunciation after the choice of the British authorities not to renew the visa of the Russian billionaire.

So, does Roman Abramovich really plan to separate from Chelsea, “his club” for many years now? The answer could arrive in the coming weeks.