Chelsea Denies £2bn Abramovich Sale Reports

Chelsea are insistent that Roman Abramovich remains committed to the club amid a reports that he wants to sell the Stamford Bridge side.

The report says that the oligarch’s directors have appointed advisers from merchant bank Raine Group to conduct a strategic review at Chelsea.

The Blues’ stance on Abramovich’s continued interest in the club has remained consistent, despite him pulling the plug on the £1 billion ($1.28bn) stadium redevelopment plans, as his UK investor’s visa was delayed as part of a government review.

In June, it was reported that Sir Jim Ratcliffe had failed with a £2bn ($2.57bn) bid for the club, and Chelsea again used that opportunity to reiterate Abramovich’s desire to continue running the team.