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The Saudi media group is said to have made an offer to buy Chelsea

The Saudi media group is said to have made an offer to buy Chelsea

Since the Russian invasion of Ukraine, Russian oil billionaire Roman Abramovich has tried to sell Chelsea, the Premier League club he took over in 2003.

However, the oligarch suffered severe penalties from Britain, due to his links with Vladimir Putin, and therefore all assets – including Chelsea – were frozen.

However, this has not stopped stakeholders from contacting them to try to buy the London team and there are now reports of a giant bid being made.

According to journalist Ben Jacobs, the Saudi Media Group has made an offer worth 2.7 billion pounds, which is equivalent to about 33.7 billion Swedish crowns at today’s exchange rate. Jacobs wrote that the man behind the show, Mohammed Al-Khuraiji, would be a Chelsea fan and had his own consortium without any direct links to the Saudi state.

When Britain first froze Abramovich’s assets it meant the club could never be sold, but the British government opened its doors on Saturday to allow the sale of Chelsea.

In addition, the government has relaxed restrictions on the club. Initially, they were only allowed to use the equivalent of SEK 6.3 million during match days, but now they can use the equivalent of SEK 11.4.

The English Premier League team plays at home against Newcastle on Sunday. Only annual pass holders can enter the arena

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Read more: This is how the owner of Chelsea FC relates to Vladimir Putin and the Russian state

Read more: The European Union also punishes Abramovich with sanctions

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