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Reading: Chelsea Owner Roman Abramovich CLASHES With UK Government Again!
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Home » Chelsea Owner Roman Abramovich CLASHES With UK Government Again!

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Chelsea Owner Roman Abramovich CLASHES With UK Government Again!

Last updated: May 17, 2022 8:07 am
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Roman Abramovich

Former Chelsea owner Roman Abramovich has clashed with the UK government again, MySportDab reports.

The beleaguered Russian billion-dollar investor has awakened fresh confrontations with white hall officials over uncertainties of the £1.5billion loan.

MySportDab learns that Whitehall officials are doubting the likelihood of issuing a licence to ensure the change of ownership at the London based club.

READ ALSO: $1.5Billion Chelsea Loan: Owner Roman Abramovich REACTS!

Recall that an American investor Todd Boehly had bought the 2021UEFA Champions League Winners, and preparations for handing over were on course.

The Whitehall officials, through the Department of Digital Culture, Media and Sport (DCMS), have cast doubts over Abramovich’s position on the destination of the proceeds of the takeover.

MySportDab had earlier reported that Roman Abramovich was not interested in recovering the £1.5billion loan he gave to the club.

He had asserted that the proceeds from the takeover would be used to finance humanitarian causes in the Russian Ukraine War.

This was in line with the position of the UK government, which insisted that Abramovich must not have his hand on any of the proceeds of the takeover since he was under sanction.

The Whitehall officials sanctioned Roman Abramovich for his alleged links and connections with the Russian President, Vladimir Putin.

Abramovich was stripped of the club’s ownership and compelled to sell the club.

To ensure a seamless takeover process, Abramovich declared that he would not be interested in the loan recovery and that sale proceeds will be channelled into humanitarian causes.

However, contrary speculations suggest that the Russian investor is keenly interested in recovering the loan

Hence the UK government may not be likely to issue the licence to ensure that the London-based club has changed hands.

Todd Boehly has submitted an approved bid for Chelsea but the UK government has to issue a licence for the takeover process to conclude logically.

The face-off and clash between Abramovich have been awakened as government officials doubt Abramovich’s assurance of the £2.5 billion sales proceed.

TAGGED:Roman Abramovich
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