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Roman Abramovich ‘willing to let Chelsea go under’ according to Government officials

Roman Abramovich ‘willing to let Chelsea go under’ according to Government officials

 

After a tumultuous few months where even the club Megastore was forced to shut, Chelsea had seemingly got back on the right track again with a bid by Todd Boehly to take the club out of the hands of the sanctioned Roman Abramovich expected to go through by the end of May.

However, that is all back up in the air again amidst concerns that the deal may not go through in time for the deadline of the end of May.

As per the Telegraph, ‘Chelsea are refusing to accept their new plan to put the loan in an escrow account – a legal arrangement in which a third party temporarily holds the money – before the Government is convinced that the money can be safely paid into the foundation for Ukraine war victims, which Abramovich is setting up.’

Roman Abramovich has been in charge of Chelsea since 2003

Roman Abramovich has been in charge of Chelsea since 2003.

One senior government source told BBC Sport that ‘there’s a quite serious concern in Government that the deal may fall apart and that Roman Abramovich is ultimately willing to let Chelsea go under’ This is because of Abramovich’s ‘refusal to agree to a sale structure that gives ministers confidence that proceeds would go to a good cause’.

Meanwhile, the Abramovich camp deny such allegations, several reports suggest that the £1.6bn loan that Roman Abramovich agreed to write off has become a major sticking point.

What does this mean for the club?

In short, the Blues remain in limbo, with the club shop still shut and only season ticket holders allowed to attend home games. Meanwhile, the sanctions mean that they have been unable to offer key players new contracts, with both Andreas Christensen and Antonio Rudiger set to leave for free to Barcelona and Real Madrid respectively.

They could miss out on summer transfer targets too if the situation is not sorted imminently, and the latest complication will do nothing for the mood in the camp.

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2022-05-15T20:00:01Z

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Premier League table

#TeamMPDP
1Manchester City377290
2Liverpool FC366586
3Chelsea FC364270
4Tottenham Hotspur372468
5Arsenal FC361166
6Manchester United37158
7West Ham United371156
8Wolverhampton Wanderers37-351
9Leicester City36048
10Brighton & Hove Albion37-448
11Brentford FC37-746
12Crystal Palace36445
13Aston Villa36-144
14Newcastle United36-2143
15Southampton FC36-2040
16Everton FC36-2036
17Leeds United37-3835
18Burnley FC36-1834
19Watford FC37-4223
20Norwich City37-5622
PlayerTeamGoals
Salah, MohamedLiverpool FC22
Son, Heung MinTottenham Hotspur21
Ronaldo, CristianoManchester United18
Kane, HarryTottenham Hotspur16
De Bruyne, KevinManchester City15
Jota, DiogoLiverpool FC15
Mane, SadioLiverpool FC15
Vardy, JamieLeicester City14
Sterling, RaheemManchester City13
Zaha, WilfriedCrystal Palace13
Bowen, JarrodWest Ham United12
Toney, IvanBrentford FC12
Mount, MasonChelsea FC11
Saka, BukayoArsenal FC11
Mahrez, RiyadManchester City11
Pukki, TeemuNorwich City11
Watkins, OllieAston Villa11
Maddison, JamesLeicester City10
Fernandes, BrunoManchester United10
Dennis, EmmanuelWatford FC10

Daraja Kapoor

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