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Premier League

Roman Abramovich names his price for Chelsea FC sale

Bloomberg report that the Russian multi-billionaire has already rejected an offer but has a clear valuation and date in mind to end his Premier League ownership.

El multimillonario ruso dueño del Chelsea, Roman Abramovich.
Mike Egerton - PA ImagesPA IMAGES VIA GETTY IMAGES

Russian billionaire, Roman Abramovich, has been analysing the possibility of selling Chelsea Football Club for months, and according to Bloomberg, the price for the Premier League club is now known.

Chelsea FC sale closer

The US news organisation has stated that Abramovich has already rejected an offer of 2.3 billion dollars and has an expectation of 3 billion pounds (around 3.4 billion euros).

Despite the fact that the rejected value would have been a record sale for a sports club, Abramovich prefers to wait until the beginning of the new year to sell, as advised by Raine Group LLC, the New York company assisting with the management of the sale. Bloomberg have said that the Russian has begun a restructuring of assets to protect them in case of any sanctions from the United States.

As Bloomberg comment: 'Abramovich’s representatives declined multiple requests for comment for this story and insisted all communication go through his lawyers, who also declined to comment.'

Chelsea FC resurfaced both economically and on a sporting level following Abramovich's purchase of the club for 140 million pounds in 2003.

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