counter statistics
Sports News

Chelsea could be EXPELLED from Premier League


Chelsea SALE: Chelsea in BIG TROUBLE, could be EXPELLED from the Premier League – There is no end to Chelsea’s problems as just when it seemed that the entire ownership drama is over, they have found themselves in big trouble once again as the departing owner Roman Abramovich has demanded £ 1.6 billion from the club. Follow live football updates on InsideSport.IN.

Real Madrid vs Manchester City Head-to-Head Statistics: Man City eye FOURTH consecutive win against the European Kings – Check out H2H stats

Notably, Abramovich was forced to put the club on sale after being sanctioned by the United Kingdom government for allegedly playing a role in the Russia-Ukraine war. It was also announced by the government that all proceeds from this sale will go to the government itself and Abramovich will not be allowed to take a single penny.

Chelsea SALE: Chelsea in BIG TROUBLE, could be EXPELLED from the Premier League as Roman Abramovich demands £ 1.6 BILLION

Chelsea owes £ 1.6 billion to departing owner Roman Abramovich

A bidding process was started where many renowned businessmen expressed interest in buying the West London-based club. A consortium of Swiss billionaire Hansjorg Wyss and American businessman Todd Boehly was even selected as Chelsea’s new owners, and the official paperwork was all set to start very soon.

However, all of that has taken a step back now, with Abramovich demanding £ 1.6 billion from the club. The oligarch had injected this money into the club from his own pockets, and he now wants to club to repay this amount through a Jersey-based company called Camberley International Investments. According to reports in The Times, while the exact ownership structure of the entity is not known, it seemingly has links to Abramovich and his family members.

Chelsea SALE: Chelsea in BIG TROUBLE, could be EXPELLED from the Premier League as Roman Abramovich demands £ 1.6 BILLION

Todd Boehly's consortium was all set to become the new owners of Chelsea, but the process has been stalled now
Todd Boehly’s consortium was all set to become the new owners of Chelsea, but the process has been stalled now

This development has pushed Chelsea into the darkness of uncertainty, as the UK government has clearly said it will block the sale if any money goes to Abramovich. The government has also given Chelsea a deadline of May 31 to finalize the sale, after which the current license of the club will expire. However, if the Abramovich fiasco is not sorted by then, Chelsea could be expelled from the Premier League for not abiding by the guidelines.

Chelsea SALE: Chelsea in BIG TROUBLE, could be EXPELLED from the Premier League as Roman Abramovich demands £ 1.6 BILLION

Follow InsideSport on GOOGLE NEWS



Source link

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button