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Roman Abramovich confirms Chelsea are for sale and writes off £1.5bn loans

  • Billionaires Wyss and Boehly part of interested consortium
  • Abramovich says net proceeds will go to Ukraine war victims

Roman Abramovich has confirmed he has put Chelsea up for sale and has written off the £1.5bn of loans he has made to the club. The billionaires Hansjörg Wyss and Todd Boehly are part of a consortium trying to buy the Premier League team.

Sources have said at least one other group is preparing to make an offer this week. There is a sense that a bidding war would help Abramovich maintain some form of leverage and the first move came when Wyss, a Swiss businessman, revealed that he had been invited to join a consortium aiming to own Chelsea.

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