Sports

Abramovich covert move could hamper Chelsea’s takeover

by Oviri Kelvin, Sports Editor, Abuja

Chelsea’s takeover may be heading towards a dead end if the rumour about Roman Abramovich trying to alter the deal that would make him earn £1.5b from the proceeds of the sale of the West London club is true The Trumpet gathered.

Abramovich, two months ago, put up Chelsea for sale after being chastised by the UK government following his close ties with Vladimir Putin, the mastermind of Russia’s invasion of Ukraine.

The UK had in condemnation of Russia’s onslaught on Ukrainians, froze the assets of Russian oligarchs in the UK, Abramovich Inclusive whose sanction was effected on March 10.

Abramovich, before the sanction, contracted Raines Group to handle the sale of Chelsea, pledging to donate the proceeds, including the £1.5b he loaned the club, to a charity foundation to cater for Ukraine’s war victims.

However, due to the sanction, Chelsea would have been unable to partake in the English Premier League but the UK government had to issue them an operational licence which expires on May 31, 2022.

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Emerging reports from the UK reveal that an American consortium headed by Todd Boehly is the preferred bidder likely to take over the club before next season’s Premier League fixtures are drawn on June 8; this may not come in handy if Abramovich continues with his alleged covert plans.

According to the alleged report, Abramovich in a total disregard for his earlier proposition, while exploiting all available options, is trying to hijack the £1.5b he loaned to Chelsea from the total sum of the prospective sale which the UK government is aware and will bluntly take reactionary steps.

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