sportbible homepage
sportbible homepage
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • LADbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
Chelsea Won't Be Sold To Owners From Two Countries
Home>Football
Updated 10:04 5 Mar 2022 GMTPublished 09:57 5 Mar 2022 GMT

Chelsea Won't Be Sold To Owners From Two Countries

Roman Abramovich officially put Chelsea up for sale this week but the Russian isn't in any rush to sell the club despite potential sanctions

Ryan Sidle

Ryan Sidle

google discoverFollow us on Google Discover

Roman Abramovich has put Chelsea up for sale, amidst calls for the club to be seized from him, but the Russian won't be selling to owners from two countries.

Following Russia's invasion of Ukraine, calls for the Premier League owner to be put under sanctions came from MPs and the public alike.

With the threat of that happening, and the club being seized from Abramovic, the 55-year-old announced this week that the club was up for sale.

Advert

The sale has led to fans and former Blues players, including John Terry, backing the owner, something that has been slammed by club legend Pat Nevin.

However, that sale isn't likely to happen quickly. According to Joe Ravitch, the banker helping Abramovich find a seller, the billionaire won't be rushing.

"We are not going to rush anything. It is very important that Chelsea have the right owner to guide the club forward," Ravitch told Reuters.

Abramovich is looking to sell after years of success. Image: PA Images
Abramovich is looking to sell after years of success. Image: PA Images

A source also told the news agency that the club do not want to find themselves with owners that will be 'politically controversial,' considering the ending of the current owner's time in charge.

That means that Abramovich won't be selling to owners from China and Saudi Arabia, and it could also include other countries with poor human rights records.

Newcastle United's recent change of ownership was delayed due to the dispute between Saudi Arabia and Qatar, over an argument over Premier League television rights.

However there was a greater backlash from football fans for the new Saudi ownership, due to the close connection with the country's own governance.

Ratcliffe, who owns Ligue 1 side Nice, won't be buying the club, reportedly. Image: PA Images
Ratcliffe, who owns Ligue 1 side Nice, won't be buying the club, reportedly. Image: PA Images

Whoever does buy the five times Premier League winners, whose success in the league all came under the Abramovich era since 2003, will have to spend big.

It is reported that the Russian billionaire is looking for ÂŁ3 billion in order to sell, with ÂŁ1.5 billion of that thought to be the debt the club owe him.

Britain's richest man, Jim Ratcliffe, was linked with a potential move to buy the club, but sources close to the Nice owner have since denied them.

A Swiss billionaire claimed to have been approached by the club but said he needed several 'investors,' but if all else fails they can always sell to Conor McGregor, although the Irishman also certainly counts as 'politically controversial.'

Featured Image Credit: PA

Topics: Chelsea, Premier League, Russia, Ukraine

Ryan Sidle
Ryan Sidle

Ryan is a journalist for SPORTbible with over eight years of experience. Passionate about all sports, he mainly covers football and F1 - Daniel Ricciardo once spent an entire interview referring to him as 'Ryan Gosling,' still his proudest moment.

X

@Sidler28

Recommended reads

Thierry Henry picks player who will surprise everyone at World Cup – ‘There’s a guy people don’t know about...’GettyRonnie O’Sullivan says snooker star can win 'multiple world titles' and gives update on futureGetty'The only thing he can do is now is tar his career...' - Arnold Allen gives damning verdict on Conor McGregor's comebackGetty ImagesGareth Barry on Thomas Tuchel advice, England squad picks and World Cup: 'He’ll be fighting'Getty

Advert

Choose your content:

5 mins ago
an hour ago
2 hours ago
3 hours ago
  • Image Credit: Getty Images
    5 mins ago

    Newcastle set to receive FIFA compensation fee after Alexander Isak transfer to Liverpool

    The Alexander Isak funds continue to pour in despite Liverpool being paid up

    Football
  • Getty Images
    an hour ago

    Man City handed second blow as player decides to leave with Pep Guardiola

    Manchester City is being faced with a huge rebuild project in the summer transfer window as another icon walks out with Pep

    Football
  • Getty
    2 hours ago

    Arsenal player 'open to leaving the club' after winning Premier League title

    The Arsenal star became a Premier League champion but could move on this summer.

    Football
  • Getty Images
    3 hours ago

    Bombshell report into spygate scandal reveals 'disguise' used by Southampton

    More shocking details from Southampton's spying ahead of the play-off final have emerged.

    Football
  • Gary O'Neil publicly blasts Chelsea owners over Strasbourg decision
  • Xabi Alonso chooses his next club amid interest from Chelsea and Liverpool
  • Devastating reason why Chelsea starlet had contract terminated after two games with club
  • Six countries confirm decision to boycott Paralympic opening ceremony