Russian owner of Chelsea Football Club, Roman Abramovich, has slapped a £3bn price tag on the European Champions.
According to Sky News, Mr Abramovich’s advisers at The Raine Group were expected to issue letters to prospective bidders on Wednesday, with a deadline set for indicative bids in mid-March.
Sources close to the process said that as many as eight multi-billionaires were being sounded out about their appetite to buy the club at a time when Mr Abramovich faces the possibility of being sanctioned by the UK government after Russia’s invasion of Ukraine.
The Russian is said to have turned down an offer of £2.5bn for the club from an unidentified third party earlier this week, with bids of £3bn or more expected to be taken seriously.
On Tuesday, Hansjorg Wyss, a Swiss tycoon, claimed publicly that he and three other prospective bidders had been invited to consider offers for the club.
The issue of Mr Abramovich’s links to the Russian state was raised by Keir Starmer, the Labour leader, during prime minister’s questions on Wednesday, amid pressure for tougher sanctions against Russian oligarchs.
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