On Saturday, Roman Abramovich handed over power over Chelsea to the foundation. The Russian oligarch has owned Chelsea since 2003, but may decide to sell the club due to sanctions that may be imposed on him. However, Abramovich must hurry – if he is punished in the coming days, the sale of Chelsea may be blocked by a trade ban.
The invasion of Ukraine by Russian troops has resulted in sanctions that have been applied not only to Russian banks, but also to the oligarchs. Abramowicz also does not have a first-rank visa for investors, entitling him to permanent residence and business in England. Chelsea’s owner also joined peace talks between Russia and Ukraine, at the request of the other side.
Roman Abramowicz sells his real estate in London. “He is scared”
The Times reports it intends to sell approximately £ 200m worth of real estate in London. Specifically, we are talking about a 15-room mansion in Kensington Palace Gardens (worth over 150 million pounds) and a three-story luxury apartment in Chelsea Waterfront (worth 22 million pounds). – Abramovich is terrified of the sanctions, so he wants to sell his real estate in London tomorrow. I am concerned that we have been working on this for so long, said Labor MEP Chris Bryant during a meeting in the House of Commons.
Workers employed by Abramovich at Kensington Palace Gardens told The Times journalists that several buyers were currently interested in the residence. The sale of the property, however, may take some time due to costs and due diligence, i.e. a detailed assessment of the current situation and the potential risk on the part of the buyer.
Roman Abramowicz is also looking for Chelsea to buy. Problems with the sale can arise at the handover stage as power leaders are only willing to accept if they include a third party liability insurance policy. In this way, the foundation wants to avoid responsibility for any financial consequences. . This would cover the club’s debt to over £ 1.5bn.
Hansjoerg Wyss, former CEO of Synthes USA (a medical device company) and president of a foundation with assets of over two billion dollars, revealed in “Blick” that several investors had received a takeover offer. – Abramovich panics like everyone else. Me and three others were offered to buy back Chelsea on Tuesday. I have to wait four or five days, Abramovich demands way too much. If I buy the club, it will be only as a consortium, with six or seven investors, Wyss said.
Chelsea are currently in third place in the league by 50 points after 25 games. The club is 16 points behind the leading Manchester City, but they have played two games less. In the first match of the 1/8 finals of the Champions League, Tuchel’s team won 2-0 against Lille.
Source: Sport
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