Chelsea sale: Roman Abramovich making two demands of prospective new owners
Roman Abramovich has confirmed he will look to sell Chelsea after 19 years, amidst the rising threat of sanctions in the wake of Russia's invasion of Ukraine last month
Roman Abramovich is adamant that any prospective buyer for Chelsea will continue his policy of investing in the playing squad and funding a redevelopment of Stamford Bridge.
Last week, Abramovich confirmed that after 19 years at the helm, he would look to sell the Blues with his decision made in “the best interest” of the club.
The Russian businessman is looking for around £3billion and it is understood there are around 10 parties interested in making a bid.
An American-Swiss consortium headed by LA Dodgers part-owner Todd Boehly and Hansjorg Wyss were understood to be considering an offer, while Turkish billionaire Mushin Bayrak has claimed he has already made an offer - although that is being treated with caution.
Sky Sports report that most of the interest will come from the United States due to the Russian invasion of Ukraine and the crackdown on foreign investment from the Chinese government.
There is said to be some unease in dealing with Abramovich with the threat of sanctions in the air due to his previous relationship with President Vladimir Putin.
Foreign secretary Liz Truss has refused to rule out sanctioning the Chelsea owner, telling Sky News: "This week we'll be introducing the economic crime bill which will create a lot more transparency around the structures of these companies and make it much clearer what is going on.
"There will be a rolling program of sanctions, we will go through the hit list. We're targeting oligarchs' private jets, we'll be targeting their properties, we'll be targeting other possessions that they have and there will be nowhere to hide."
That could make a deal complicated, but Abramovich is willing to hold out for a new owner that will continue the work he has completed since 2003.
In total, the 55-year-old has loaned Chelsea £1.5bn, but is willing to write that off, instead insisting money goes on player investment and either a stadium redevelopment or stadium relocation.
In matters on the pitch, Chelsea's players managed to put the speculation to one side in thrashing Burnley 4-0 at Turf Moor.
And manager Thomas Tuchel, who has won the Champions League and World Club Cup in his first 14 months in charge, has confirmed that Abramovich’s impending exit will have no influence over his own future.
"No, the opposite of a problem staying here,” Tuchel explained. "I said many times that I love working in the Premier League, I love to be in England and feel the tradition and the love for sports in general and football in particular. It's an amazing place to be.
"Chelsea is, for me, the perfect fit. I love to be here, I love everything about the club and hopefully it continues."