Chelsea have been assured by the Government that the club can continue to operate even if Roman Abramovich is sanctioned as negotiations over the club’s quick sale intensified yesterday.
Swiss billionaire Hansjorg Wyss and LA Dodgers owner Todd Boehly are preparing to table a bid after forming a consortium aiming to buy the club, but the group are not willing to meet Abramovich’s £3billion asking price.
Abramovich rejected an offer of £2.2bn from Boehly three years ago, but the Russian was not an active seller at that time and he may now have to accept an even lower figure due to the lack of alternative bidders, and the on-going threat of Government sanctions.