BREAKING NEWS: Chelsea owner, Roman Abramovic set to terminate sale of Club

Chelsea FC owner, Roman Abramovich is set to cancel sale Plans of the club after UK Government Assurance On Tuesday Morning

Recall we reported that Chelsea owner Roman Abramovich has put up the club for sale following the Russian and Ukraine war.

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However, Abramovich has been considering putting down plans of sale. This is because UK Government are considering exempting some of Abramovich’s properties in their pursuits to sanction him

Due to their ineptitude to prove yet that Roman Abramovich is directly linked to the chaos happening in Ukraine, the Russian Billionaire has up till now remained with sanctions in the UK.

The 55-year-old was who has owned Chelsea since 2003 was forced into making an extraordinary statement when the pressures became so high.

Roman Abramovic

And even from his statement one had thought by now Chelsea have new ownership but it’s been otherwise as the club remains unsold.

The reason is the bidders are behind Abramovich’s asking price despite him even agreeing to do away with over £1.5B loans the club owns in his pocket.

But it’s unlikely Abramovich will sell to them as he is also considering the welfare of the club which he doesn’t view Wyss and Boehly as perfect for.

With his statement already out in the public and bids already bombing in, Chelsea could change hands any moment unless he closes the sale.

On the other hand, major news for Chelsea fans who wish for the Russian to remain in charge; the UK Government has assured to exempt Chelsea in their quest to sanction Abramovich.

Should he be sanctioned, it’s expected that everything business belonging to him would cease operating which was to include Chelsea if it remained unsold by then.

But according to the Government, Chelsea is to be exempted from this sanction list as they won’t want the club to suffer.

This means that Abramovich could most likely cancel plans to sell Chelsea and instead retain the club while waiting if it’s possible to sanction him without any evidence to do so.