BREAKING: Chelsea club owner Roman Abramovic set to sell the club for a whooping sum of £2billion[see details inside]

The figure demanded for Chelsea would
smash the world record fee for the sale
of a football club If a buyer summons
up the cash it would nearly triple the
most expensive takeover in history which
is currently the Glazer family’s
£790million purchase of Manchester
United in 2006.

According to The Sunday Times, The
Raine Group has been hired to assist
with the deal and will seek interest from
China, the US and the Middle East. The
investment bank also helped Manchester
City’s Abu Dhabi owners to flog a 13 per
cent stake to Chinese investors for
£1.9billion three years ago.

Abramovich, 51, is said to have rejected
a £2billion bid for his club from
Britain’s richest man Sir Jim Ratcliffe
earlier this year. The Russian, who has
an estimated fortune of £9billion,
recently acquired Israeli citizenship amid
his visa row in Britain.

He also halted plans for a new 60,000-
capacity stadium for Chelsea that would
have cost an estimated £500million.
Abramovich has been in charge of
Chelsea since July 2003 when he bought
the West London club for £140million
from Ken Bates.

Under his ownership, the Blues have won
five Premier League titles, the Champions
League, the Europa League and the FA
Cup five times.