Roman Abramovich reportedly increases his demand and asks Chelsea bidders to pay £500m extra

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There remain a number of bidders to acquire Chelsea but Roman Abromovich seems to have upped his demand. It seems that the current Chelsea owner has added an extra £500m to the existing price tag. There are a number of buyers currently trying to secure the entire takeover.

The Blues have been on the market for almost three months. Now after the Russian billionaire made public his decision of ending the association with the Premier League powerhouse.

 A statement was posted on Chelsea’s official site this Feburary. It said,” I would like to address the speculation in the media over the past few days in relation to my ownership of Chelsea FC. As I have stated before, I have always taken decisions with the club’s best interest at heart. In the current situation, I have therefore taken the decision to sell the club, as I believe this is in the best interest of the club, the fans, the employees, as well as the club’s sponsors and partners.”

Abramovich even expressed his love for the club. He said, “This has never been about business nor money for me, but about pure passion for the game and club.”

The reason given behind this increase in the price tag is that- Abramovich wants to dedicate more funds to the foundation he is going to setup for the victims of the Ukraine war.

Who are the parties vying to acquire Chelsea?

It is obviously known that there are a lot of contenders who want to buy the club. However, the frontrunners are said to be Stephen Pagliuca who is also the co-owner of the Atalanta team of Serie A competition.

Moreover, on the list remains Todd Boehly and Sir Martin Broughton who are all heard to be spearheading their confederations.

However, the Ricketts Family are said to be no longer in the race to buy the West- London Club. They lest after they placed three offers which apparently got rejected.

Therefore, the takeover process is bound to get heated up in the coming months. We do not know that whether the bidders would accept the demand to increase the price tag by £500m.

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