Roman Abramovich confirms his plans to sell Chelsea for £3BILLION after making the 'incredibly difficult decision' to put them up for sale through a US bank... as the Russian says he will not ask for any repayment of the £1.5bn loan the club owes him

Roman Abramovich has confirmed reports that he has decided to sell Chelsea amid Russia's continued invasion of Ukraine.

The Russian-Israeli billionaire has owned the Blues since 2003 and helped steer the Stamford Bridge club to 19 major trophies.

But the 55-year-old's glittering reign in west London is close to an end, with a consortium of billionaires already making their interest in a deal public.

Swiss billionaire Hansjorg Wyss and USA investor Todd Boehly are understood to be two of the parties joining forces and now preparing a bid for the Blues.