Abramovich denies wanting loan repaid as Chelsea owner issues statement on takeover

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Abramovich denies wanting loan repaid as Chelsea owner issues statement on takeover
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Roman Abramovich denies wanting loan repaid as Chelsea owner issues statement on takeover CFC

Roman Abramovich has denied he wants a £1.6billion loan to Chelsea repaid in a statement on the club’s takeover process.suggested the Blues owner, who is sanctioned by the UK government and unable to profit from the club’s sale, had thrown the takeover into jeopardy by going back on his promise to write off the club’s debt to him.However, the Russian insists his plans for all proceeds of the sale to go to victims of the war in Ukraine have not changed.

“The lead independent expert has had conversations with Government representatives presenting the structure and initial plans. However, the oligarch describes these rumours as ‘entirely false’ and insists he remains committed to finding responsible new owners for the Blues, despite ‘changing circumstances’ since his decision to sell.

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