Sport
Russia vs Ukraine: Suitors ready to take over Chelsea from Abramovich
There are reports that new owners could take over from Abramovich at Chelsea Football Club.
This is just as latest report has it that suitors of Chelsea FC are on high alert over a possible sale of the prized English football club by billionaire Roman Abramovich.
Accoridng to Bloomberg, any potential sale of Chelsea in these circumstances would be unprecedented in English football. Chelsea is valued at about 1.9 billion euros ($2.1 billion), according to KPMG, meaning a takeover could be one of the largest in the European game. By comparison, Saudi Arabia’s sovereign wealth fund last year bought Newcastle United FC in a deal valuing the U.K. Premier League club at 305 million pounds ($409 million).
The report sauts American investors would show “significant” interest in Chelsea if it came up for sale, said Jeff Moorad, whose MSP Sports Capital has invested in McLaren Racing. The club is “one of the true global brands,” he said in an email.
Soaring rice prices threaten Christmas celebrations for Nigerian families
Panic as Stage collapses during Odumodublvck’s performance at Lagos concert
2025 Budget: FG allocates ₦6.36bn for renovation of Tinubu, Shettima’s official quarters
Black Market Dollar to Naira Exchange Rate Today 22nd December 2024
NNPC debunks shutdown rumors, confirms fuel loading at Port Harcourt Refinery
‘We have to find a way’ – Guardiola laments after defeat to Aston Villa
Usyk beats Fury in heavyweight rematch
Southampton name Ex-Roma boss, Ivan Juric as new manager
EPL: Jesus double leads Arsenal’s five-goal rout against Crystal Palace
27 feared dead in Stampede at Christmas rice distribution event in Anambra
Tinubu honours Abuja, Anambra stampede victims, cancels all Lagos events
