Chelsea

Update! Roman Abramovich puts Chelsea on sales for this amount

Russian Billionaire, Roman Abramovich puts Chelsea on sales for this amount

Latest report have made it known that Chelsea are about to have a change of hands at the level of the club ownership.

The report further added that Chelsea owner, Roman Abramovich is in contact with New York bank Raine Group on the sales of the English club.

Chelsea have been valued at the sum of £2 billion which is quite a huge sum of money.

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However, it is yet to be determined if  Roman Abramovich wants to sell The Blues or a part of his stake the same way the  New York bank Raine Group had help Man City sell part of their stakes.

Abramovich had bought Chelsea in 2003 for £140 million and the club have undergone a lot of changes under him.

The Blues have won major titled under Abramovich and participated in the UEFA Champions League regularly until recently when they can not.

In the past Chelsea used to be a dominating force in terms of signing expensive players but have been held down by a much richer Man City.

It is believed that Abramovich wants to sell Chelsea to bring in richer shareholders that can help the club grow in terms of spending.

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