Roman Abramovich Considers Selling Chelsea FC

Abramovich is seriously considering selling Chelsea FC and his other assets in England. 

Roman Abramovich has funded Chelsea's transformation into serial winners while maintaining a low public profile. 

He is the sole shareholder of Fordstam Limited, which is Chelsea FC plc's parent company. Over the years, Abramovich has pumped £1.514 billion ($2 billion) of his own money into Fordstam to acquire Chelsea FC plc and support it financially; in turn, Chelsea FC plc owns Chelsea Limited (the actual club). But that financial support for Chelsea FC plc has come largely in the form of loans. Since Abramovich owns both Fordstam and Chelsea FC plc, he has effectively been lending money to himself, which is not an uncommon way for club owners to finance their teams.

Club director Marina Granovskaia runs Chelsea on a daily basis. Tuchel is Chelsea's 12th different permanent coach in 19 years.

Hansjorg Wyss, a Swiss billionaire, has revealed that Chelsea owner Roman Abramovich has approached him and given him the chance to submit a bid for the west London club, as well as doing similar to three other potential buyers.

Wyss lives in the USA and is worth as much as 4.36 billion pounds, and he has confirmed that Abramovich approached him and others.

He made his fortune from the 2012 sale of medical device manufacturer Synthes - a company he founded - to Johnson & Johnson for $20.2bn.

Abramovich will receive bids for the Blues this week, with Russia's invasion of Ukraine leading to complications around his ownership. Abramovich has also been banned from the United Kingdom.

Like all other oligarchs, Abramovich is also in a panic.

After initially declaring that the club's Charitable Foundation would be put in charge, at least two of the six trustees tasked with running Chelsea considered stepping downfrom their roles due to uncertainty over the operation, prompting talk of a takeover.

According to financial analysts, Abramovich is currently asking far too much. Chelsea owe him $2billion.

Wyss went on to suggest that he would have no intention of buying the club as a solo investor and would instead look to be a part of a bigger consortium.

Chelsea have not responded to the latest claims that Abramovich is preparing to sell the club.