Abramovich says he has now not requested for Chelsea mortgage to be repaid | Soccer Information

Russian oligarch Roman Abramovich on Thursday denied media experiences that he has requested for his mortgage to Chelsea soccer membership to be repaid, pronouncing that the ideas are “solely false”.
Premier League Chelsea had been market it by way of Abramovich following Russia‘s invasion of Ukraine and sooner than sanctions had been imposed on him by way of the British executive.
A consortium led by way of LA Dodgers part-owner Todd Boehly has been in negotiations to shop for the membership for $three billion whilst British billionaire Jim Ratcliffe isn’t giving up on a bid regardless of obvious rejection from the U.S. financial institution dealing with the sale.
The mortgage Abramovich made to Chelsea is reported to overall 1.five billion kilos ($1.85 billion).
“In the beginning, Mr Abramovich’s intentions with regards to gifting the proceeds from the Chelsea sale to charity have now not modified,” his spokesperson stated in a remark revealed on Chelsea’s website online.
“Secondly, Mr Abramovich has now not requested for any mortgage to be repaid to him – such ideas are solely false – as are ideas that Mr Abramovich higher the cost of the membership ultimate minute.
“As a part of Mr Abramovich’s purpose to discover a excellent custodian for Chelsea FC, he has on the other hand inspired each and every bidder right through this procedure to devote making an investment within the membership.”
The spokesperson added the mortgage has additionally transform topic to Eu Union sanctions and calls for further approvals.
“That signifies that the price range can be frozen and topic to a criminal process ruled by way of government,” the remark learn.
“Those price range are nonetheless earmarked for the (Chelsea) Basis. The federal government are conscious about those restrictions in addition to the criminal implications.
“To be transparent, Mr Abramovich has no get entry to or keep an eye on of those price range and won’t have any get entry to or keep an eye on of those price range following the sale.”

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