Roman Abramovich’s desperation to sell the club, due to pressure and sanctions from the British Government and the European Union, pointed out that the price of Chelsea would be devalued and sold below its real pricel. Nothing is further from reality. The club received up to 300 offers, of which 20 or 30 came to formalize that interest. Now the hunting of the ‘Blues’ has been reduced much more.
Abramovich estimated a sale price of around 3,000 million pounds (3,300 million euros) and he can get it, although his interest is not so much monetary, since he will not receive a euro from the transaction, but rather that the club is in good hands.
If the Russian oligarch hits his price target, Chelsea will break all records. Not only will it overtake Manchester United as the most expensive club sold in history, but it will also overtake the American franchises, which had the Brooklyn Nets as the diamond of operations. Taiwanese businessman Joseph Tsai acquired 51% of the franchise in August 2019 for around 2.5 billion pounds (3,000 million euros). That figure will be left behind when Chelsea changes hands.
Although the situation of the ‘Blues’ has relaxed in recent days, with the permission to sell tickets in away games and at home when the Champions League, FA Cup and Women’s Super League are played, As well as raising the spending limit for home games to £900,000 (€1m), the sale of the club remains a top priority.
On March 18 the offer period closed and in the last few days,s favorites have exhibited their projects until Raine Groupthe American bank that Abramovich trusted to sell the club, has selected the best offers. The three strongest come from the United States.
The owners of the Chicago Cubs, the Ricketts family, are one of the main candidates. Or at least they were. His cover letter, having ended the curse of 108 years without winning a World Series and the remodeling of the Cubs stadium. Your problem? The greater interest in business than in sporting success and Islamophobic comments from family patriarch Joe Ricketts, who in 2019 emails targeted Muslims as “the enemy.” This turned the networks against the Ricketts project and forced the family to distance themselves from Joe’s comments and fly to London to try to meet with groups of ‘Blues’ fans who took a dim view of the proposal. This episode has weakened the Ricketts’ options.
Without leaving the United States, Todd Boehly, who owns part of the Los Angeles Dodgers in baseball and the Los Angeles Lakers and Los Angeles Sparks in basketball, the Swiss Hasjorg Wyss and Jonathan Goldstein joined. A triumvirate of millionaires with ties to the United States, Switzerland and the United Kingdom The one that is doubted for its sports capabilities is that Boehly, the one most closely related to the sport, only has minority stakes in the three franchises mentioned and, apparently, little decision-making power. His forte is ‘marketing’ and the commercial aspect.
The other strong candidacy is that of Martin Broughton, a British millionaire who was briefly president of Liverpool and British Airways, and who has aligned himself with Sebastian Coe, president of the British Olympic Committee, with Josh Harris and David Blitzer, owners of the Philadelphia 76ers of the NBA and the New Jersey Devils of the NHL, in addition to the owner of the Sacramento Kings, Vivek Ranadive. Both Harris and Blitzer have stakes in Crystal Palacewhich they would have to get rid of if they wanted to be the owners of Chelsea, since the Premier’s regulations do not allow having interests in two clubs at the same time.
Along the way, that of real estate developer Nick Candy has fallen, who based his offer on the remodeling of Stamford Bridge, one of Abramovich’s thorns that he had to give up in 2018. This London businessman, who claims to have attended Chelsea games since he was four years old, allied himself with a South Korean fund to improve the economic prospects of your project. He also promised to give fans more decision-making power, through club stakes, but, according to The Athletic, his candidacy has not received the green light from Raine.
The same has happened to Saudi Media, the Saudi Arabian media group, which, due to alleged links with the country’s government, has been ruled out as an option.
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