CHELSEA fans are very happy over the news coming from Stamford Bridge as former owner, Roman Abramovich has finally reacted to the ongoing news about his loan to the Stamford Bridge outfit.
The sale of Chelsea football club has been the
major talking points for some time now after the club owner Roman Abramovich
was sanctioned by the UK government.
There have been a lot of rumours making the
rounds that Abramovich has requested for the loan he gave the club, but Chelsea
and their owner have come out to clear the air concerning the rumours.
Chelsea released an official statement on their
website to give an update concerning Abramovich’s decision to sell the club.
“Following speculation in media in relation to the sale of
Chelsea FC, we would like to clarify the following points…,” the club stated.
“Firstly, Mr Abramovich’s intentions in relation to gifting the
proceeds from the Chelsea sale to charity have not changed.
“Since the initial announcement, Mr Abramovich’s team has
identified senior representatives from UN bodies and large global charitable
organizations who have been tasked with forming a Foundation and setting out a
plan for its activities. The lead independent expert has had conversations with
Government representatives presenting the structure and initial plans.
“Mr Abramovich has not been involved in this work and it has
been managed independently by experts with years of experience working in
humanitarian organizations.
“Secondly, Mr Abramovich has not asked for any loan to be repaid
to him – such suggestions are entirely false – as are suggestions that Mr
Abramovich increased the price of the Club last minute. As part of Mr
Abramovich’s objective to find a good custodian for Chelsea FC, he has however
encouraged each bidder throughout this process to commit investing in the Club
– including in the Academy, Women’s team, necessary redevelopment of the
stadium as well as maintaining the work of Chelsea Foundation.
“Following sanctions and
other restrictions imposed on Mr Abramovich by the UK since announcing that the
Club would be sold, the loan has also become subject to EU sanctions, requiring
additional approvals. That means that the funds will be frozen and subject to a
legal procedure governed by authorities. These funds are still earmarked for
the Foundation. The Government are aware of these restrictions as well as the
legal implications.
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