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Asharq Al-Awsat

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Asharq Al-Awsat

Abramovich Denies Calling in Loan for Chelsea to Be Sold

Roman Abramovich Vladimir Putin Raine EPL European Union United States Todd Boehly Ukraine

Chelsea club owner Roman Abramovich sits in his box before their English Premier League match against Sunderland at Stamford Bridge stadium in London, Dec. 19, 2015. (AP)

Roman Abramovich has denied reports he is asking for a £1.5 billion ($1.9 billion) loan to be repaid for the sale of Chelsea to go through.

The Russian billionaire put the Premier League club up for sale on March 2, insisting he would not call in the loan amassed during his 19-year reign in charge and that all proceeds from the sale of the club would go to victims of the war in Ukraine, AFP said.

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