March 2, 2022
1 min read

Chelsea up for sale, confirms Roman Abramovich

Abramovich, 55, is alleged to have strong ties to Russian president Vladimir Putin, which he has denied….reports Asian Lite News

 Business tycoon Roman Abramovich’s future as Chelsea football club owner is in doubt after a Swiss billionaire claimed that he has been offered the chance to buy the club, BBC reported.

Hansjorg Wyss told a Swiss newspaper that Abramovich “wants to get rid of Chelsea quickly” after the threat of sanctions was raised in the Parliament.

Abramovich gave “stewardship and care” of Chelsea to its foundation trustees following Russia’s invasion of Ukraine.

Chelsea have chosen not to respond to Wyss’s claims.

The west London club always previously denied reports that they are up for sale, BBC reported.

Abramovich, 55, is alleged to have strong ties to Russian president Vladimir Putin, which he has denied. Other Russian billionaires have already been the subject of European Union sanctions where their assets have been frozen.

That has included Russian billionaire Alisher Usmanov, who has commercial links to Everton, BBC reported.

The UK government is yet to sanction Abramovich or Usmanov, but Labour MP Chris Bryant said in the Parliament on Tuesday that Abramovich was “terrified of being sanctioned which is why he is going to sell his home, and another flat as well”.

Wyss also said: “Abramovich is trying to sell all of his villas in England, he also wants to get rid of Chelsea quickly.

“I and three other people received an offer on Tuesday to buy Chelsea from Abramovich.”

ALSO READ: 32 Lankans evacuated from Ukraine

Previous Story

China’s big no to sanctioning Russia, vows trade ties

Next Story

As Ukraine crisis hits sunflower oil imports, markets pin hopes on mustard

Latest from -Top News

India’s Space Hero Back

Shukla was part of the Axiom-4 private space mission, which lifted off from Florida on June 25 and docked at the ISS on June 26…reports Asian Lite News Indian astronaut Shubhanshu Shukla

No deal but ‘progress made’, says Trump

President Putin praised Trump’s efforts to facilitate dialogue and reaffirming that Ukraine’s security must be guaranteed. US President Donald Trump and Russian President Vladimir Putin concluded a landmark summit in Anchorage, Alaska,

UAE celebrates India@79

Indian expats in Abu Dhabi and Dubai marked India’s 79th Independence Day with flag-hoisting, cultural performances, and heartfelt tributes, celebrating decades of deep UAE–India friendship….reports Asian Lite News The colours of saffron,

India and America are a strange couple

No Indian leader has ever been so fond of an American President as Modi has been of Trump, writes Mihir Bose India and America have always had a curious love affair. They

Rubio extends greetings on India’s I-Day

Secretary of State describes the relationship between India and the US as “consequential and far-reaching,” built on shared democratic values, mutual respect, and expanding cooperation across multiple sectors…reports Asian Lite News Secretary
Go toTop

Don't Miss

Sitharaman assures UK envoy of stronger economic ties

The Finance Minister reaffirmed India’s commitment to taking forward economic

Blues Rules the World

Chelsea finished as top scorers in the tournament with 17