Roman Abramovich is ready to sell Chelsea if an offer of over £2.5billion is received, according to the Times (h/t Metro).
The club had denied reports of looking for a buyer but the Times claims that our owner has set an asking price of at least £2.5bn, which would be the biggest takeover in football history.
The report from the Metro adds that Abramovich has hired Raine Group, a US investment bank, to find interested parties from China, the Middle East and the US.
The Raine Group is the same organisation that helped Manchester City sell a 13% stake of their club to Chinese investors, as per the Metro.
The report adds that Britain’s richest man, Jim Ratcliffe, made a £2bn offer for the Blues but that was rejected in the summer.
Abramovich will only sell if his asking price is met and that would make us the second-most valuable club after Manchester United, as per the Metro.
The Blues have won numerous titles under Abramovich but plans to expand Stamford Bridge have been put on hold (h/t Sky Sports).
Selling the club would be a huge move for Abramovich and instead, perhaps bringing in investors would work better for the Blues.
Read more: Chelsea inch closer to finalizing sale for veteran £85,000-a-week defender
We would require additional funds to sign some of the best players in the world and if a deal similar to City’s can take place, every party could be pleased.