n the wake of the sanctions imposed on Chelsea’s Russian owner, Roman Abramovich by the UK government, the future of the London club has been in a state of uncertainty and they are desperate to secure a sale of the Club as soon as possible.
The sale of the club was on hold for a while following the sanctions imposed on the Chelsea owner, however, the UK government had given the green light for the sale of the London club to resume, according to TheAthletic.
Ben Jacobs, a reporter for CBS Sports today confirmed via his Twitter handle that an official bid has been made by Saudi Media Group led by Mohamed Alkhereji who is a fan of the club. The private consortium made a bid of £2.7billion ($3.5billion) offer to purchase the West London club.
- I can confirm Saudi Media Group have made a £2.7bn ($3.5bn) offer to buy Chelsea. Mohamed Alkhereiji is a Chelsea fan and leading a private consortium. No direct government links.
- “There is support in finding funding and partners (but not financial backing as far as I am told) from Mohammed bin Khalid Al Saud. What’s interesting about Khalid Al Saud is he’s also chair of Saudi Telecom Company (STC).
- “STC is State-owned and Newcastle owners PIF still have shares in it despite selling some in December. Probably just a coincidence that another telecoms provider has a link in light of the Three situation.
- “The reason I say this is because STC couldn’t be part of a consortium (without significant issues) and if Chelsea do change shirt sponsor it would more likely be NEOM or Saudi’s new national airline. KSA’s focus is to use sport to promote global tourism not MENA business,” Jacobs tweeted.