Swiss Billionaire Reveals Proposal To Buy Chelsea From Abramovich

Swiss billionaire Hansjorg Wyss has revealed he has received an offer from Roman Abramovich to buy Chelsea Football Club.

Swiss Billionaire Reveals Proposal To Buy Chelsea From Abramovich

Abramovich has ceded control of Chelsea to the club's charity foundation amid links to Russia president Vladimir Putin, who has ordered an invasion of Ukraine.

The Russian billionaire took over Chelsea in the summer of 2003 and has injected over £1bn into the club, winning every major club honour available in that time including five Premier League titles, two UEFA Champions League and two Europa Leagues.

Some UK politicians have posited that Abramovich’s assets in the country should be seized.

"Like all other oligarchs, he is in a panic," the 86-year-old told Swiss newspaper Blick. "Abramovich is trying to sell all his villas in England. He also wants to get rid of Chelsea quickly. I and three other people received an offer on Tuesday to buy Chelsea from Abramovich.

"I have to wait four to five days now. Abramovich is currently asking far too much. You know, Chelsea owe him £2billion.

"But Chelsea has no money. It means, those who buy Chelsea must compensate Abramovich [for the debts].

"As of today, we don't know the exact selling price. I can well imagine starting at Chelsea with partners, but I have to examine the general conditions first.

"But what I can already say, I'm definitely not doing something like this alone. If I buy Chelsea, then [I'd buy] with a consortium consisting of six to seven investors."