The sale of Chelsea FC is increasingly becoming a race against time. A last-minute offer complicates the ongoing process, and owner Roman Abramovich now apparently wants compensation for his loan move to the club. Abramovich has since denied this.
Like ESPN reported that the British government would insist that the sale of the defending Champions League winners be completed by May 31.
Offers for the club from several interested parties had in fact been received weeks ago, with English media claiming American Todd Boehly had won the deal. An offer of 4.25 billion euros – higher than Boehly’s – from British businessman Sir Jim Ratcliffe was reportedly ignored because it was received too late.
Ratcliffe doesn’t want to give up though, as he faced BBC Wednesday stressed: “A British offer should be considered.” Ratcliffe reported “positive talks” with the government, but admitted US bank Raine, which is to handle the sale, had had little reaction to his offer.
According to ESPN Boehly reportedly got an exclusive window of opportunity to complete the purchase of the club. Abramovich, who had faced stiff penalties over his links to Russia and Vladimir Putin, has now left open the possibility of being compensated for his loans to the club. This is a sum of 1.5 billion pounds (about 1.8 billion euros). Originally, Abramovich announced that he would not seek loan repayment.
However, a spokesperson for Abramovich has now denied the reports on the Blues’ website. A statement said: “Mr Abramovich has not requested the repayment of any loan. Such insinuations are completely untrue. Furthermore, claims that Mr Abramovich raised Chelsea’s price at the last minute are untrue. “
Reaching an agreement with Abramovich and the UK government isn’t the only hurdle for a potential buyer: they also have to pass a Premier League (“owners and directors”) test. According to EPL boss Richard Masters, it always took at least ten days.
Chelsea had received a special license from the government until the end of May to continue the game. If no agreement can be reached, bring the English newspaper DailyStar even a league exclusion at stake. The Premier League itself has a June 9 deadline. Then the 20 teams for the next 2022/23 season have to be determined.
Premier League: the current table
|7.||West Ham United||35||53:46||7||52|
|8th.||Wanderers of Wolverhampton||34||33:32||1||49|
|9.||Brighton and Hove Albion||35||34:42||-8th||44|
|20||City of Norwich||34||22:71||-49||21|