Tuchel’s time is running out: Abramovich has caused a stir around Chelsea

Time for the Tuchel Club is running out
Abramovich creates a new sensation for Chelsea

The British government’s sanctions on Roman Abramovich also affected Chelsea. The Premier League club will operate under a special license until the end of May. Then the club must be sold. A new order from the Russian oligarchy is now causing a Westminster headache.

The sale of the traditional English club Chelsea on the edge of the abyss. The Russian oligarch, Roman Abramovich, who is still the holder of the current Champions League winner, can recover his loans of about 1.9 billion euros. Originally, the Russians, who had been sanctioned, announced that they would refrain from doing so. He declared at the beginning of March that it was always about “pure emotion”. He also stated that he would pass the net proceeds from the sale to the victims of the war in Ukraine. And he did not explicitly mention which party, and therefore did not rule out transferring it to Russian war veterans.

As unanimously reported by the English media, Chelsea is said to have contacted the British government last week with a request to restructure the sales. Accordingly, the debts of the club’s parent company must be settled with a jersey-based company apparently linked to Abramovich. To the astonishment of the Ministry of Digital, Culture, Media and Sports responsible for sales.

This should also ensure that the oligarch, whose assets have been frozen by the UK government, will not personally benefit from the sale. This must also be taken into account in the new sales structure. According to media reports, some members of the government are demanding guarantees that the loan repayment will not go to a sanctioned entity. However, the practical implementation of the deal is uncertain.

The clock is counting down

The Guardian reports the growing distrust of the British government over the sale, while at the same time worrying about the future of the Premier League club. “Time is running out,” British Culture Secretary Nadine Dorries said last week. She was referring to the government’s special license for ongoing gaming operations, which expires on May 31, 2022. The concern now is that the sale of the club will not be completed by the time the new Premier League licenses are issued in mid-June.

Last week, the three remaining groups put up their bids at Chelsea, where a decision must now be made on who will be the new owner of Stamford Bridge. Currently, the best opportunities are attributed to a consortium led by American businessman Todd Boehle. He is currently Chelsea’s favorite bidder for the club, beating two other US associations. The consortium surrounding Boehle wants to negotiate the purchase of the club with Abramovich this week.

However, the last-minute offer from British billionaire Sir Jim Ratcliffe may change the mood. The 69-year-old CEO of chemical company Ineos threw his hat into the ring of late and made a €5 billion bid. Ratcliffe explained: “This is a British bid for a British club. We will continue to invest in the team to ensure we have a good squad with the best players, coaches and support staff in the world, male and female alike.”

The uncertain future of the club is a major concern for German coach Thomas Tuchel. Chelsea remains unable to act until he is sold, and is not allowed to sign any players or extend any contracts. So Tuchel fears the blues’ competitiveness. With Germany’s Antonio Rudiger and Dane Andreas Christensen in place, two free transfers are already certain.

Rudiger is set to join Real Madrid, while his partner in central defense Christensen is in talks with Barcelona. The Catalan team hopes to have more transfers from London. With Christian Pulisic, Hakim Ziyech, Timo Werner and Romelu Lukaku, four attacking players could leave the club. “Of course our hands are tied now. We can still have talks internally, but we can’t move. The situation is not ideal” and the situation has not changed, Tuchel said last week.

Leave a Comment