Roman Abramovich era at Chelsea could soon end: the Sunday Times reports that the Russian tycoon has put the club up for sale, 15 years after he bought it.
The report claim that an asking price of over £2bn has been set, considerably more than the current world record figure for a football club sale: Abramovich has hired Raine Group, the same specialist US investment bank who helped Manchester City’s owners to sell a 13% stake to Chinese investors three years ago to help him to sell the club.
Abramovich has already rejected an £2bn offer from Sir Jim Ratcliffe, Britain’s richest man, earlier this year since he believes he can receive a higher offer for the Premier League club.
The Russian tycoon wants Raine Group to find investors in China, the US and the Middle East over a possible sale of his club.
This news of a potential sale follows the announcement that the West London club had postponed plans for a new 60,000-seat stadium in May: the decision was made after Abramovich was unable to secure a new visa to work in the UK.