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Chelsea sale: Roman Abramovich makes a BIG statement on loan debate

Chelsea sale: Roman Abramovich makes a BIG statement on loan debate

Zee News
Friday, May 06, 2022 03:43:03 PM UTC

Chelsea were put up for sale by Abramovich following Russia's invasion of Ukraine and before sanctions were imposed on him by the British government.

Russian oligarch Roman Abramovich on Thursday (May 5) denied media reports that he has asked for his loan to Chelsea football club to be repaid, saying that the suggestions are "entirely false". Premier League Chelsea were put up for sale by Abramovich following Russia's invasion of Ukraine and before sanctions were imposed on him by the British government.

A consortium led by LA Dodgers part-owner Todd Boehly has been in negotiations to buy the club for $3 billion while British billionaire Jim Ratcliffe is not giving up on a bid despite apparent rejection from the U.S. bank handling the sale. The loan Abramovich made to Chelsea is reported to total 1.5 billion pounds ($1.85 billion).

"Firstly, Mr Abramovich's intentions in relation to gifting the proceeds from the Chelsea sale to charity have not changed," his spokesperson said in a statement published on Chelsea`s website.

"Secondly, Mr Abramovich has not asked for any loan to be repaid to him – such suggestions are entirely false – as are suggestions that Mr Abramovich increased the price of the club last minute.

 Roman Abramovich has released a statement on the sale of Chelsea Football Club.

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