Funds from Chelsea sale remain unreleased by the Government
The Evening Standard reports that Chelsea have quashed rumours of a sale by Roman Abramovich.
The Sunday Times had claimed that our owner had called US bank Raine Group to value the club, which was quoted at £2billion.
The same bank had helped China Media Capital purchase a 13 per cent stake in Manchester City for £265m.
However, the Evening Standard claims that Abramovich is not looking to sell the club but could be interested in a deal similar to the Manchester City one.
Chelsea’s plans to redevelop Stamford Bridge were put on hold as the club cited an unfavourable investment climate, as per the report.
The report further added that Britain’s Jim Ratcliffe was linked with a £2bn offer for the Blues in June, which our owner rejected.
The report goes on to claim that player investments came in after Maurizio Sarri joined the side and this is set to continue in the coming windows.
The Blues signed Kepa Arrizabalaga for a world-record fee and also saw Jorginho join from Napoli for a hefty fee.
Chelsea have started the season well with two wins from two games and any additional investment in the side will always be welcome.
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An investment partner could ensure we bring the best players into the side and it will be interesting to see where this goes in the coming months.
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