Abramovich has more than 300 groups interested in buying Chelsea, with 10 bidders seen as credible buyers for the £3billion club

ROMAN ABRAMOVICH’s decision to sell Chelsea has reportedly sparked more than 300 parties expressing interest in taking over.

The billionaire decided to sell after 19 years of ownership due to his questionable ties to Russian President Vladimir Putin.


Over 300 parties reportedly expressed interest in buying ChelseaCredit: Getty
The genius of


Moneyball genius Beane has teamed up with US investment firm RedBird Capital Partners to explore the possibility of buying ChelseaCredit: Getty

The 55-year-old wants a £3billion offer to sanction a sale, having bought the club for £140million in 2003.

News of a sale has led to more than 300 “expressions of interest” in becoming Chelsea’s new owners, according to ESPN.

New York-based investment bank Raine Group LLC is tasked with finding a buyer for Abramovich.

Raine Group co-founder Joe Ravitch is helping lead the search for the “best steward” for Chelsea going forward, while also aiming to secure a fair price, according to Reuters.

And despite the influx of interest, Ravitch said: “We are not going to rush anything. It is very important that Chelsea have the right owner to guide the club forward.”

Of the more than 300 dreaming of taking command of the European champions, only 10 would be credible buyers able to spend the desired £3billion.


One of them is “Moneyball” genius Billy Beane, backed by the American investment firm RedBird Capital Partners.

The company bought an 11% stake in Liverpool owners Fenway Sports Group last year but is said to be keen to buy its own team.

Elsewhere, Turkish billionaire Mushin Bayrak has been touted as a potential buyer.

It has been reported that Abramovich flew to Turkey on a private plane earlier this week to meet the 38-year-old, who appears genuine in his interest in Chelsea.

Bayrak himself has said he is in talks to buy the Blues with negotiations well underway.

Other candidates include Briton Sir Jim Ratcliffe, American tycoon Todd Boehly and Swiss entrepreneur Hansjorg Wyss.

Ratcliffe was the UK's richest man in 2018 and is worth £6.3billion


Ratcliffe was the UK’s richest man in 2018 and is worth £6.3billionCredit: Reuters

Read our Football News Live Blog for the latest news, transfer gossip and must-read stories

Previous The Lanark Amateur Musical Society brings Broadway to the Burgh
Next New student organization, MESA, hopes to provide an inclusive space for Latino students DePaul