After the Russian-Ukrainian conflict, Abu not only wants to sell Chelsea, but also wants to sell Chelsea as soon as possible. However, there are still many questions surrounding the future of Chelsea. Abu has already announced that he will sell the club, so what happens next? Most importantly, who will buy the club, and will this "sale of the century" affect the Blues' performance on the pitch? Let's analyze them one by one.
What is the current situation at Chelsea?
In 2003, Abu bought Chelsea and helped usher in the club's most successful period in history. After the Russian-Ukrainian conflict, the British parliament proposed sanctions against Russian businessmen in Britain. So Abu wanted to sell the club as soon as possible, and as soon as possible.
How does the outside world know that Abu wants to sell the club?
Swiss billionaire Weiss, 86, revealed in an interview on Wednesday that he was one of four people who had the opportunity to buy Chelsea. After the interview came to light, Chelsea did not make any comments.
The Daily Mail later revealed that Abu wanted to sell Chelsea for at least £3 billion. However, given the current situation, it is difficult for him to sell the Blues at such a price.
Why did Abu sell Chelsea?
According to the Daily Mail, Abu is worried that the British government will try to freeze or confiscate personal assets, including Chelsea Club. By selling numerous assets, including Chelsea and villas, Abu was able to obtain cash and transfer that cash out before the UK government took action.
What is Chelsea's current value?
The media has widely revealed that Abu is hoping for £3 billion. However, several reasons make it difficult for Abu to achieve his goals. First, since Abu wants to sell the club as soon as possible, the price will drop significantly. Secondly, Chelsea's current valuation is only between £1.25 billion and £1.5 billion.
What is Abu doing so far to sell the club?
On Wednesday, the media revealed that Abu had instructed Bank of America Rennes Group to sell Chelsea's sale, and he hoped that American buyers would take over the club. However, it is difficult for a buyer to meet Abu's £4bn demand.
Meanwhile, Abu revealed in a statement over the weekend that the Chelsea Foundation currently manages the club, which is the first step he took to sell the club.
Can Abu sell Chelsea quickly?
Given the changing situation in Ukraine, Abu may find it difficult to strike quickly. In an interview, industry insiders revealed, "It is understood that Abu does not directly own the club, but controls the company that owns the club. The first legal issue for acquisitions is whether it is the company's assets or the company itself that sells the club. ”
"The right to run a football business may be in the hands of different corporate entities, such as stadiums, hotels or training grounds. Any potential buyer will need to conduct due diligence to determine the club's ownership structure and other issues. Therefore, in practice, it is difficult to complete the sale quickly. ”
"In addition, the Premier League needs to determine the source of funding and whether a third party that has not been publicly announced is involved. The process would be shortened if the current club executives stayed, but new bosses usually let themselves take on key positions at the club. ”
Problems with Stamford Bridge?
For any potential buyer, Stamford Bridge will be an important stumbling block that must be overcome. Essentially, Abu does not directly own Stamford Bridge.
Currently, Stamford Bridge is owned and maintained by the owner of Chels Field, a non-profit subsidiary. Back in 2018, Abu had a complex plan to rebuild the stadium. But the program was put on hold but expired for Abu's UK investor visa.
Was Abu involved in the "peace talks"?
A spokesman for Abu said monday that he himself was trying to broker a peace deal between Russia and Ukraine. Some argue that he made such an appeal out of self-interest. If the war continues, the West will commit to strangling Russia's economy through sanctions, and Abu holds stakes in several Russian companies.
Has the Russian-Ukrainian conflict affected Abu's wealth?
Indeed it is. There is evidence that he is working to minimize his losses. Eight days before the Russian-Ukrainian conflict, he had transferred 28 percent of his stake in a major Russian steel company from an offshore account believed to face sanctions.
How does Abu himself take a stand?
On Tuesday, Abu issued a statement confirming he would sell Chelsea. Previously, he had denied selling the club. Abu has been open to selling the club for several years, with a asking price of as high as £4 billion at one point.
Does Chelsea owe Abu a fortune? What impact does this have on the sale of the club?
Yes, Chelsea owe Abu Fort Stein about £1.5 billion. As for why the Blues owe Abu such a sum of money, the reason is simple: since 2003, the Blues have invested far more in attracting reinforcements than the club's income, and Abu has had to keep the club running in this way.
Will Chelsea be in trouble after Abu left?
Whether the Blues will be in trouble will depend on who will take over. However, Chelsea's financial strength is sure to change dramatically after Abu's departure. For now, the Blues' new owners will not be as generous as Abu, and they may no longer be able to compete with Manchester City, Paris and Newcastle in the transfer market.