For the latest from the pitch sign up for our football newsletter
Chelsea could be kicked out of the Premier League next season should their takeover fall through.
The Blues' takeover could be in doubt after Roman Abramovich demanded £1.6billion he loaned to the club to be repaid as part of the sale. Abramovich had made the loan to the club through an investment vehicle, and he had originally said he didn't want the money back.
However, the Blues have changed their stance, and have requested the debt 'owed' to Abramovich should be sent as part of the proceeds of sale to Jersey-based Camberley International Investment. And Chelsea's new stance could collapse the takeover.
Abramovich isn't named on any financial listings of the Channel Islands firm, but it is believed he's linked to the company.
Should the takeover go through, it could mean Abramovich would be able to bank some money from the sale. And with the sanctions against the Russian oligarch, ministers have made it clear that they will not accept Abramovich benefitting from the sale.
There are currently sanctions against the Russian due to Vladimir Putin's invasions of Ukraine in February – but there is no suggestion that Abramovich is involved.
What do you think of Chelsea's sale? Let us know in the comments section below
Chelsea's current operating license runs until May 31, and if a resolution isn't found, the Blues could be removed from the league.
LA Dodgers co-owner Todd Boehly is currently understood to be the preferred bidder for the Blues.
- Chelsea FC
- Premier League
- Roman Abramovich
Source: Read Full Article