Roman Abramovich rejects offers to sell Chelsea to Middle East consortium

Roman Abramovich rejects offers to sell Chelsea to Middle East consortium

- Roman Abramovich has rejected bid to sell the club to mystery Middle East consortium

- Abramovich was barely seen at Chelsea matches resulting in speculation he is losing his interest in the club

- The Russian billionaire also suspended plans to develop Stamford Bridge to the tune of £1bn

Chelsea owner Roman Abramovich has reportedly declared that the Stamford Bridge outfit is not up for sale amid pressure from external sources.

According to UK Sun report citing Telegraph, a mega-rich Middle East consortium proposed a potential takeover offer, but the Russian billionaire rejected the offer.

Reports suggest the billionaire businessman was keen on selling the club since UK restricted visas regulations for wealthy foreign nationals.

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The Russian has not been seen at Chelsea games causing concern he was no longer interested in running the club he bought in 2003.

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In addition, Abramovich has suspended his proposed plan to rebuild Stamford Bridge with £1billion on hold.

However, with latest development, it seems he’s not ready to sell the club after 16-year.

Additional reports claim that Sir Jim Ratcliffe, one of Britain's richest man, also wanted Chelsea along with other potential buyers, but sources close to the Russian maintained Chelsea is "not for sale."

However, the reports also suggest Abramovich would only consider offers in the region of £3bn, but none has arrived at the moment.

Abramovich purchased Chelsea outright for £140m but history could have been so different had he decided to buy rivals Tottenham.

Meanwhile, ex-England manager Sven-Goran Eriksson dropped a hinted how he convinced the Russian to opt for Chelsea ahead of Tottenham, saying only need to “change half the team".

Speaking with The Times Eriksson said: “We met at Les Ambassadeurs [a casin*o and club in London].

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"There were three men standing there. One is properly dressed, the other is so-so and the third, I thought he was the driver. Of course that was Roman.

“He wanted to buy a club in Moscow so we went to Moscow for three days. We saw all the clubs and I said buy Dinamo. They had the best facilities.

“I went on holiday and his right-hand man phoned. Roman changed his mind. He wants to buy a club in London.

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"Tottenham or Chelsea? I said, ‘What does he want to do?’ He said he wants to win.

"I said, ‘So buy Chelsea. You have to change half the team. Tottenham you have to change the whole team.’" reported earlier that Nigeria Football Federation (NFF) and the English Football Association may end up in FIFA’s court as the two nations set to return to the battle field in quest for the services of Chelsea defence ace Derrick Abu.

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