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Sports Illustrated
Sports Illustrated
Sport
Andrew Gastelum

Report: Roman Abramovich to Receive Bids to Sell Chelsea This Week

Roman Abramovich is expected to receive multiple offers this week from prospective suitors looking to buy Chelsea, according to The Telegraph. 

With the Russian owner expected to be sanctioned by the British government following the Russian invasion of Ukraine, The Telegraph reported that those on the outside feel that Abramovich may consider selling the club, which he bought for nearly $190 million in 2003, due to the pressure being ramped up on the oligarch in light of the war. 

In the past, Abramovich, who has downplayed his reported ties to Vladimir Putin, has reportedly turned down offers of £2.2 billion ($2.9 billion) for Chelsea, to which he has also lent £1.5 billion from his personal funds. In 2019, Forbes listed his net worth at $12.9 billion. 

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