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Chelsea are warned that Lord Seb Coe is 'completely unsuitable' to be part of takeover bid due to his company's relationship with imprisoned Russian oligarch Andrey Chernyakov

Seb Coe has been declared ‘completely unsuitable’ for a Chelsea takeover bid because of his media company’s relationship with an imprisoned Russian oligarch.

Lord Coe and his firm CSM should have ‘run a mile’ from Andrey Chernyakov after the construction mogul lost a £150million case in the High Court, according to Chris Bryant MP.

Instead, CSM continued to sell Chernyakov thousands of pounds worth of hospitality at sporting events until he was eventually extradited to Russia and jailed, The Mail on Sunday has learnt.

‘Seb Coe and CSM should have run a mile from Chernyakov,’ said Bryant.