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

Only feels like yesterday United fans were trying to shame me when I said he was better than AWB.
What's the mood among Chelsea fans over this latest bit of news?

Seems to me like a beef between Roman and the Gov't with Chelsea being the mere pawn but neither party would really let Chelsea go out of business. Surely.
 
The direct quotes I read were that Chelsea wanted the addition for the of a repayment arrangement of the debt. If the history of Chelsea recently is anything to go by, it is Bruce Buck trying to make sure the repayment does not stall the deal. Having a contingency in for such a thing. It would also be just like Buck to do something and not be aware it would have the effect it has playing out in the media.
 
As far as I can find, including the story that started it from The Times, Roman has not made a statement. Their story was *IF* Roman asks for the loan to be repaid.

A story from the Telegraph (essentially trying to confirm the Times' original reporting) says the following:

The sanctioned Russian billionaire had promised in a statement when he put the club up for sale at the start of March that he would write off the huge sums that the club still owes him.

However, sources close to the Government process say Chelsea are now raising the prospect of a restructure on sale terms, which would appear to allow Abramovich to be repaid.

Two Whitehall sources told Telegraph Sport that it remains ministers' position that Chelsea will not get approval for the takeover if he receives a "penny". Under an amended proposal mooted late last week, Chelsea’s parent company Fordstam Ltd would pay off loans to offshore Camberley International Investments, which is believed to be linked to Abramovich.

The 11th hour perceived change of plan has heightened a sense of anxiety within Government that negotiators will soon start running out of time to complete the complex process.

Basically, the sources are from the government and they are claiming that Chelsea submitted an amended proposal last week for how the sale would occur, which involved the debts being paid off.
 
Chelsea are going to struggle to pay their players at this rate, let alone compete for new signings and replace the outgoing Rudiger and Christensen.

Not sure players will like this uncertainty and agents phones will be blowing up.
 
The problem is that the UK government and Abramovich have to hash it out first. The asset is frozen, not confiscated. Boehly can't buy the club from the UK government. He has to buy it from Roman and therefore Roman has to agree to sell it to him. And Roman may not agree until there is some kind of deal regarding how the debts will treated in the process.

Everything up this point has always assumed that this issue was already settled because Roman had said that he wouldn't seek any of the debts to be paid. And maybe he'll come back around to that position. But if he digs in his heels and the UK government maintains its current position that he cannot benefit from the proceeds of a sale, the club can't be sold.

Yeah fair enough. I suppose I can't muster up any care that this is something I should be extremely worried about. The sale will go through I think and Boehly consortium will be the new owners.
 
Almost 20 years ago that Roman saved them from being wiped out form existence. It'd be poetry if his actions put them back in pre-Roman condition.
Regular cups and challenging for leagues with eventual treble winners?

Could be a lot worse in fairness.
 
Regular cups and challenging for leagues with eventual treble winners?

Could be a lot worse in fairness.
Pinning Chelsea as some bottom scrapers pre-RA is so odd. You were like 3-4 points off being Champions in 99, and didn't Chelsea win the FA Cub in '98 and '00?
 
Pinning Chelsea as some bottom scrapers pre-RA is so odd. You were like 3-4 points off being Champions in 99, and didn't Chelsea win the FA Cub in '98 and '00?
Maybe the post was about their financial situation
 
Pinning Chelsea as some bottom scrapers pre-RA is so odd. You were like 3-4 points off being Champions in 99, and didn't Chelsea win the FA Cub in '98 and '00?
Yep. And the team of that era would probably finish 3rd in this league. It's probably better than our current team outside of midfield.
 
This season, atletico second leg and recent 4 0 demolition by Liverpool. In both matches they didn’t even try.
 
Yeah fair enough. I suppose I can't muster up any care that this is something I should be extremely worried about. The sale will go through I think and Boehly consortium will be the new owners.

This still seems fairly likely to me but I'm a lot less confident in the outcome today than I was yesterday.
 
Every single worst case scenario that could happen has happened despite Chelsea fans telling me its not as bad as it seems. This is the worst of the lot and comes with Putin announcing his own sanctions. at this rate i wouldn't be surprised if its all Putins doing.
There will likely be some sort of dispensation given should May 31st come and the sale not be done. they are not going to expel the club, thats not me in denial, its just not going to happen. If anything the sale is probably close given Boehly has seemingly passed all the owners directors tests today.

I'll also add to this, where were the supposed forefeiting of away games as we couldnt travel which the media made out?, where was this nonsense of not having a kit due to 3 not being on our shirts? Where has the "bust" gone that was going to happen back when sanctions hit? every sensational media headline, has not quite happened, has it
 
The bidders seem unconcerned with this ask from Chelsea to have a repayment option.

 
The whole thing is a farce... its clear that money will go to Roman and Putin regardless of what Superman Roman Says publicly.

Chelsea deserve to go out of business for not condemning the war, for fear of upsetting their owner (The real one).
 
There will likely be some sort of dispensation given should May 31st come and the sale not be done. they are not going to expel the club, thats not me in denial, its just not going to happen. If anything the sale is probably close given Boehly has seemingly passed all the owners directors tests today.

I'll also add to this, where were the supposed forefeiting of away games as we couldnt travel which the media made out?, where was this nonsense of not having a kit due to 3 not being on our shirts? Where has the "bust" gone that was going to happen back when sanctions hit? every sensational media headline, has not quite happened, has it
By the skin of your teeth? You cant remove three from your shirt because you arent allowed to produce new shirts for yourselves, how is this included in your list? You were allowed 30m extra operating costs or you would go bust.
You're whistling through the graveyard with this post.
Roman is Portuguese now, he beat the system.
He put Chelsea in a trust, cant get him now.
Roman wont recall his debt, he loves Chelsea too much
The sale should be done by the end of the month, the government wont drag this out.
We can still negotiate with transfer targets and free agents since this should all be cleared up by the end of the season.
Roman added on 600m to the sale price at the last minute? Must have something to do with Radcliffe, that looks like the optimal takeover now.
Its getting worse and worse as this trundles along and the government wont bend to Roman simply because Chelsea could be plunged into financial turmoil. This is all on Roman and do you really think he is going to budge on this one? It doesnt make any sense for him to now do so.
Looks like registration for next season is the new deadline here after man other deadlines and i just cant see how you get an operating license for an entire year unless this is sorted. Im expecting stories about potential buyers still being confident appearing now simply because each buyer knows the other wont agree to such craziness and it becomes a mexican stand off. What if Roman simply refuses to sell unless his terms are met?
Tick tock
 
So Roman wants his loan paid back and the U.K. government don’t want him to get a penny. Their special license to keep operating runs out on 31st May. The PL will be finalising their teams for next season shortly after. Theres a growing concern Chelsea as we know it may very well go out of business unless someone compromises
 
So Roman wants his loan paid back and the U.K. government don’t want him to get a penny. Their special license to keep operating runs out on 31st May. The PL will be finalising their teams for next season shortly after. Theres a growing concern Chelsea as we know it may very well go out of business unless someone compromises

Will be a day long remembered.
 
So Roman wants his loan paid back and the U.K. government don’t want him to get a penny. Their special license to keep operating runs out on 31st May. The PL will be finalising their teams for next season shortly after. There's a growing concern Chelsea as we know it may very well go out of business unless someone compromises

Roman is sanctioned in the UK. Why exactly would it matter what he wants, when he won't be receiving any proceeds from the club sale anyway? The government could simply seize the club and its assets and sell it to whoever they pleased, and there's not a thing he or anyone else could do about it.
 
Almost 20 years ago that Roman saved them from being wiped out form existence. It'd be poetry if his actions put them back in pre-Roman condition.
He cost us a few titles though. Who's going to compensate us ?
 
Roman is sanctioned in the UK. Why exactly would it matter what he wants, when he won't be receiving any proceeds from the club sale anyway? The government could simply seize the club and its assets and sell it to whoever they pleased, and there's not a thing he or anyone else could do about it.
Roman has first say on who gets to buy the club. I’d be worried if I was a Chelsea fan
 
Roman has first say on who gets to buy the club. I’d be worried if I was a Chelsea fan

I honestly cannot muster up any worry. The club is in the final stages of the sales process. The 1.5b debt has been earmarked for charitable contributions. If Abramovich suddenly changes his mind about his claims about wanting the debt to go charity, then surely that is something the government can figure out with him without Chelsea's involvement? They already control his UK assets, the money from the sale of the club will into a holding account controlled by the government, so I'm not sure why they can't figure out where that money goes (charity or Abramovich's bank account) after the sale is complete and leave Chelsea out of it?
 
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Roman has first say on who gets to buy the club. I’d be worried if I was a Chelsea fan

If he starts threatening the continued existence of a UK based cultural asset, then you can safely expect that situation to change quickly. People underestimate how much power the government actually have over property in the UK.
 
Roman is sanctioned in the UK. Why exactly would it matter what he wants, when he won't be receiving any proceeds from the club sale anyway? The government could simply seize the club and its assets and sell it to whoever they pleased, and there's not a thing he or anyone else could do about it.
Can't just take a man's property like that in a civilized Country. Going in to administration might just be the only sensible solution for the foreseeable future. Things could get cleared up in a few years.
 
Strange situation this one,

This is what happens when you get into business with the devil, its not like the fans or the players of Chelsea didn't know where the money was coming from so I don't really have much sympathy.

You can't take all the good and ignore the bad.

However I think the silver lining for Chelsea fans is that no matter what happens the Gov will give as much time and flexibility to allow the club to be bought, so the debt etc will likely be allowed to be paid of in tiny increments that is deemed socially acceptable (0 in my opinion), I don't understand how almost 2bn can be written off by anyone let alone an individual who's other assets have been frozen and I don't know enough to be able to comment on it being Equity? I mean that sounds utterly bizarre to me, whichever way you look at it the money needs to be paid.

In the end I think the Gov will be weak willed and give in, truthfully Chelsea should go into administration and no one should feel sorry about any of it considering all those years ago it was cleat who Abramovic was and how he earns his wealth.
 
Just here (again) to remind the Chelsea fans of their gleeful 'USA, USA, USA' chants at us at OT in 2004.

We all told you this model of ownership was a bad idea...it's all fun and games when you're buying a few trophies up but it's killing clubs and killing the game
 
Would the government allow the new buyers to put the debt owned to RA into a bank account and just freeze it until sanctions are lifted? Atleast that way the club can move forward. No way they let Chelsea go into administration or fold.
 
Would the government allow the new buyers to put the debt owned to RA into a bank account and just freeze it until sanctions are lifted? Atleast that way the club can move forward. No way they let Chelsea go into administration or fold.

They let Bury fold, why is Chelsea any different??