Chelsea Is For Sale, According To Roman Abramovich, Who Also Writes Off £1.5 Billion In Debt
Roman Abramovich has confirmed that Chelsea is for sale, bowing to mounting pressure to end his ownership of the club. The Russian acted after a new call in parliament on Wednesday for him to face penalties for the invasion of Ukraine, and a group led by billionaires Hansjörg Wyss and Todd Boehly has already expressed interest. At least one other firm, according to sources, is planning to make a bid this week. All net revenues – assumed to be the money from any sale minus legal fees – will be spent "for the benefit of all victims of the war in Ukraine," according to Abramovich. The first sign of interest came when Swiss billionaire Wyss said that he had been invited to join a group. The 86-year-old, who is estimated to be worth £4.3 billion, has teamed up with Boehly, a part-owner of the Los Angeles Dodgers baseball franchise who is worth an estimated £5 billion. There are several additional investors involved, at least two of them are believed to be from the United States. I