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'Mr Abramovich has NOT asked for any loan to be repaid to him - such suggestions are entirely false': Chelsea owner releases statement via the club insisting he isn't reneging on pledge to write off £1.6bn debt

Roman Abramovich has insisted his position over the sale of Chelsea is unchanged and he has not asked for any loan to be repaid to him, saying such suggestions are false.

Reports have suggested Russian billionaire Abramovich, who was sanctioned by the UK Government on March 10, could insist on his £1.6billion loan being repaid, which could jeopardise the entire sale process of the Premier League club.

However, a spokesperson for Abramovich said in a statement posted on the Chelsea website: 'Firstly, Mr Abramovich's intentions in relation to gifting the proceeds from the Chelsea sale to charity have not changed.