Billionaires interested in buying Chelsea told to approach UK government

Billionaires interested in buying Chelsea Football Club have been told to approach the UK government with potential takeover proposals, after the sanctioning of its current oligarch owner, Roman Abramovich.
Fearing the threat of sanctions, Abramovich, 55, had been rushing to sell the club for more than £3bn, drawing interest from the British property magnate Nick Candy, the Swiss billionaire Hansjörg Wyss, the US private equity billionaire and Crystal Palace shareholder Josh Harris, and the American part-owner of the LA Dodgers Todd Boehly.
On Thursday, the UK government froze Abramovich’s UK assets, including Chelsea FC and a portfolio of luxury properties including a £150m mansion yards from Kensington Palace, west London, and a £30m three-storey penthouse overlooking Stamford Bridge.
Abramovich was one of seven Russians with clos …

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