Roman Abramovich plans to sell Chelsea | SOLD for £4.25BN

Sultan

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Net proceeds could mean anything. If he sells for £100.00 above his debt of 1.5 billion to Chelsea the victims of the war would be just getting £100.00. Very good PR game from Roman and his advisors.
 

TheReligion

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Yes, but they’re only a force because they could operate like a club that could go $2 billion into debt with no worries. That won’t be the case anymore. Their structure is completely unsustainable now.
This is quite important as any new owners will not do this
 

C'est Moi Cantona

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So he clearly found out the handover to 'chairty trustees' wasn't going to cut it pretty quickly.

I just don't see who puts togother a £3 billion offer for a club in a short space of time, which this is going to have to be, and so I can't believe he will get close to this figure, and any takeover so it surely has to be an offer ladened with loans, and the owners wanting a return for their money,
 

TheReligion

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Net proceeds could mean anything. If he sells for £100.00 above his debt of 1.5 billion to Chelsea the victims of the war would be just getting £100.00. Very good PR game from Roman and his advisors.
He’s still failed to condemn the war though hasn’t he? The club has not said much either.
 

marktan

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If the government had a spine and actually sanctioned him he probably wouldn't even be able to sell.
 

Sultan

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All proceeds go to “victims of the war in Ukraine”. So presumably families of Russian casualties as well?

The “net proceeds” bit is interesting too. How does that work when you’re selling a club that owes 1.5 billion quid? He says he’s not interested in money owed but what does that do to the balance sheets when the club is sold? Bound to be some smoke and mirrors here.
Bingo!

It's just PR at play.
 

Manncunian

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Surely if all Russian clubs and their national team are banned from competitions due to their affiliation with the Putin regime, where players may not personally support Putin/War, then any club owned by Russian money/oligarchs should surely face the same sanctions? All Russian owned companies like Gazprom etc are being penalised. Why is a football club any different?

Oligarchs are being sanctioned all over the show, and unable to access funds/properties etc, yet an oligarch owned entity in Chelsea is allowed to carry on as normal, and potentially winning silverware at the expense of non-oligarch owned clubs? You can say none of the players support the war, but who says all players at CSKA or Zenit do support it?

Everton have cut ties with a Russian owned company. Well Chelsea are a Russian owned company. They just play football rather than sell smartphones.

Another point is that clubs even get docked points for financial rule breaches, entering administration etc. This is not the fault of the players, who are directly impacted by such penalisation. So I don’t think it’s a good argument to say Chelsea shouldn’t face any action so not to punish the players. A war threatening WWIII with a possibility of nuclear warfare, is worse than any financial breach.

Or would this approach be wholly disproportionate?
 
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Ibn Battuta

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He’s still failed to condemn the war though hasn’t he? The club has not said much either.
Well so far he has tried to broker peace and promised what must be a significant amount of money to victims of the war. If that’s failure then you must adjust your life perspective
 

DOTA

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What do we expect here? Are we gonna have half of Chelsea's players playing for Newcastle by this time next year?
 

Stacks

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A lot of pressure to run oligarchs out of developed countries and seize assets etc, also to remove reliance on their money and resources. They have power and so pressure/sanctions on them could impose pressure on Putin.
Putin has been known to freeze their assets, put them in jail or exile them at the drop of a hat. They have little power. So many Oligarchs got deposed
 

dinostar77

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Saudi Arabia should have waited, Chelsea would have been a much better buy than Newcastle.

Dont see Chelsea being sold anytime soon. £3billion is alot of money especially when the markets are in such turmoil.
 

bosskeano

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looks like Roman is trying to sell Chelsea before the english gov't seizes his assets which would in essence leave the club with little to no financial backing. With his "loan" and finances tied to the club he can't afford to sit on a 2bn pound asset where he can't make his money back
 

SalfordRed18

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Saudi Arabia should have waited, Chelsea would have been a much better buy than Newcastle.

Dont see Chelsea being sold anytime soon. £3billion is alot of money especially when the markets are in such turmoil.
In what sense?
 

Mourinhonista

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Seems to be the greatest owner a football club has had.
 

WeePat

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Man feck Piers Morgan. He doesn't give two fecks about what's happening in Ukraine except for how he can use it to score stupid points online.
 

Member 101269

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Net proceeds could mean anything. If he sells for £100.00 above his debt of 1.5 billion to Chelsea the victims of the war would be just getting £100.00. Very good PR game from Roman and his advisors.
Yes; first telling trustees to handle the club, then selling net goes to "others". I wonder what information will come out over the next few days
 

frostbite

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The government should confiscate all the money of the Russian oligarchs and then do a full audition for each one of them. And if they find any irregularities or illegal transactions, send them to jail. It is these oligarchs and their thugs that enabled Putin and helped him destroy all the democratic opposition inside Russia. How many beatings and killings are they responsible for?
 

C'est Moi Cantona

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This is a race between him finding a buyer, and him been sanctioned and not been allowed to then, I can see the price tag falling very quickly.
 

RedDevil@84

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Roman says "all net proceeds from the sale" will be donated to the victims of the war in Ukraine.
Probably to the Russian soldiers who are injured in the war or died after eating food past expiry date.
 

Robertd0803

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Saudi Arabia should have waited, Chelsea would have been a much better buy than Newcastle.

Came here to post the same thing, bet the Newcastle owners are kicking themselves now.

Writing off a 1.5 billion pound loan is a joke as well.
 

bosskeano

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don't give a shit how much money you have or how rich you are......you don't just write off £1.5 billion monies owed to you