Sports
How a Russian Oligarch Is (Probably) Overvaluing Chelsea
A Russian Oligarch’s Very Extremely Valued Crew
In asserting his sale, Abramovich stated he wouldn’t ask the membership to repay that debt, the equal of $2 billion.
With loans forgiven, a fast public sale will now happen. A profitable purchaser could be buying a star-laden membership that may require common money infusions to maintain up with the world’s prime groups.
Any new proprietor may even face a pricey rebuilding venture to improve the creaking Stamford Bridge stadium. In 2018, Abramovich shelved a deliberate $1.3 billion rebuild amid difficulties in renewing his British enterprise visa.