{"id":12599,"date":"2022-05-05T19:31:23","date_gmt":"2022-05-05T19:31:23","guid":{"rendered":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/epl-roman-abramovich-makes-demands-from-chelseas-new-owners"},"modified":"2022-05-05T19:35:28","modified_gmt":"2022-05-05T19:35:28","slug":"epl-roman-abramovich-makes-demands-from-chelseas-new-owners","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/epl-roman-abramovich-makes-demands-from-chelseas-new-owners","title":{"rendered":"EPL: Roman Abramovich makes demands from Chelsea\u2019s new owners"},"content":{"rendered":"

Africa-Press – Ethiopia. <\/strong><\/span>Outgoing Chelsea owner, Roman Abramovich, has made demands from the club\u2019s potential new owners.<\/p>\n

Abramovich wants the potential new owners to commit investing in the club, both in the academy, women\u2019s team and necessary redevelopment of the stadium as well as maintaining the work of Chelsea Foundation.<\/p>\n

The Russian also denied reports that he wants a \u00a31.6billion loan to the club.<\/p>\n

The Russian billionaire businessman made the denial in a statement published on the club\u2019s Website regarding the club\u2019s takeover process.<\/p>\n

There were reports that the Blues owner, who is under the UK government\u2019s sanction, had thrown the takeover process into jeopardy.<\/p>\n

The reports carried by UK media said he did this by going back on his promise to write off the club\u2019s debt to him.<\/p>\n

However, in a statement by one of his spokesperson, Abramovich insisted that his plans for all proceeds of the sale to go to victims of the war in Ukraine have not changed.<\/p>\n

The reports had also claimed that a consortium led by LA Dodgers co-owner Todd Boehly had been picked as the preferred bidder.<\/p>\n

And that Abramovich had caused a delay by increasing his \u00a33.5bn asking price.<\/p>\n

But the Russian oligarch said these rumours were \u2018entirely false\u2019 and insists he remains committed to finding responsible new owners for the west London club, despite \u2018changing circumstances\u2019 since his decision to sell.<\/p>\n

The statement added, \u201cSecondly, Mr Abramovich has not asked for any loan to be repaid to him \u2013 such suggestions are entirely false \u2013 as are suggestions that Mr Abramovich increased the price of the Club last minute.<\/p>\n

\u201cAs part of Mr Abramovich\u2019s objective to find a good custodian for Chelsea FC, he has however encouraged each bidder throughout this process to commit investing in the Club \u2013 including in the Academy, Women\u2019s team, necessary redevelopment of the stadium as well as maintaining the work of Chelsea Foundation.<\/p>\n

\u201cFollowing sanctions and other restrictions imposed on Mr Abramovich by the UK since announcing that the Club would be sold, the loan has also become subject to EU sanctions, requiring additional approvals.<\/p>\n

\u201cThat means that the funds will be frozen and subject to a legal procedure governed by authorities. These funds are still earmarked for the Foundation. The Government is aware of these restrictions as well as the legal implications.<\/p>\n

\u201cTo be clear, Mr Abramovich has no access or control of these funds and will not have any access or control of these funds following the sale\u2026\u201d<\/p>\n

For More News And Analysis About Ethiopia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ethiopia. Outgoing Chelsea owner, Roman Abramovich, has made demands from the club\u2019s potential new owners. Abramovich wants the potential new owners to commit investing in the club, both in the academy, women\u2019s team and necessary redevelopment of the stadium as well as maintaining the work of Chelsea Foundation. The Russian also denied reports […]<\/p>\n","protected":false},"author":84,"featured_media":12598,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,17],"tags":[233,277,787,613,235,643],"class_list":["post-12599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-sport","tag-africa-press","tag-africa-press-ethiopia-2","tag-chelseas","tag-epl","tag-ethiopia","tag-roman-abramovich"],"yoast_head":"\nEPL: Roman Abramovich makes demands from Chelsea\u2019s new owners - Ethiopia<\/title>\n<meta name=\"description\" content=\"Outgoing Chelsea owner, Roman Abramovich, has made demands from the club\u2019s potential new owners. 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