He's just come out and said..

Abramovich: "In the current situation, I have therefore taken the decision to sell the Club"

RA adds: "I will not be asking for any loans to be repaid."

"I have instructed my team to set up a charitable foundation where all net proceeds from the sale will be donated. The foundation will be for the benefit of all victims of the war in Ukraine."

Although still not entirely clear how much he wants back.

Posted By: DrDublin on March 2nd 2022 at 18:23:25

Message Thread

Chelsea... (Other Football) - usacanary, Mar 2, 18:05:47
- Losing to Luton (n/m) (Other Football) - KevinBond, Mar 2, 19:24:29
- Should he be allowed to sell the club and liquidate his asset? (n/m) (Other Football) - Ben, Mar 2, 18:35:59
  - Surely there should be a sanction on this asset so he gets fuck all (n/m) (Other Football) - NorskyNormann, Mar 2, 18:36:36
    - maybe some of the problem is (Other Football) - ghostof barry butler, Mar 2, 18:50:59
      - I think sanctioned Russians get 30 days to sell their assets though (Other Football) - NorskyNormann, Mar 2, 18:56:02
        
        that maybe .. but as far as i'm aware he has not been sanctioned yet (n/m) (Other Football) - ghostof barry butler, Mar 2, 19:09:19
        
        Head start warning before the 30 days kick in (n/m) (Other Football) - NorskyNormann, Mar 2, 19:19:07
- He's just come out and said.. (Other Football) - DrDublin, Mar 2, 18:23:25
  - Full statement..... (Other Football) - DrDublin, Mar 2, 18:33:07
    - Desperate to avoid sanctions (n/m) (Other Football) - Bobthebuilder, Mar 2, 18:53:28
      - Not very effective sanctions then if they can be avoided (n/m) (Other Football) - NorskyNormann, Mar 2, 19:20:14
    - The loans built the asset so to say his loans wont be repaid is a joke. (n/m) (Other Football) - usacanary, Mar 2, 18:45:08
      - the asset he is giving away? (Other Football) - CWC, Mar 2, 19:02:48
        
        He’s only giving up the net proceeds (n/m) (Other Football) - SCC 28, Mar 2, 19:11:53
        
        Interesting wording, could have said "ALL PROCEEDS" (n/m) (Other Football) - usacanary, Mar 2, 19:18:28
        
        Lawyers and bankers don’t work for free (n/m) (Other Football) - CWC, Mar 2, 19:36:29
        
        He’s not going to give away over a billion quid (n/m) (Other Football) - SCC 28, Mar 2, 19:19:40
        
        The guy who claims he is selling is saying he is asking a ridiculous price. (Other Football) - usacanary, Mar 2, 19:23:02
        
        Saw 2 billion mentioned i think (n/m) (Other Football) - SCC 28, Mar 2, 19:23:32
        
        so if he is owed 2 billion and wants 2 billion the net proceed is 0 (Other Football) - usacanary, Mar 2, 19:25:16
        
        “ I will not be asking for any loans to be repaid. ” (Other Football) - CWC, Mar 2, 19:41:46
        
        He wouldn’t have a choice if sanctioned properly (n/m) (Other Football) - NorskyNormann, Mar 2, 19:20:46
    - How he got ridiculously rich in the first place (Other Football) - NorskyNormann, Mar 2, 18:35:54
      - Stealing from the Russian people basically (n/m) (Other Football) - NorskyNormann, Mar 2, 18:36:10
        
        Exactly and allowed to by Putin. (n/m) (Other Football) - Chopper, Mar 2, 19:16:43
        
        Putin stole more than anyone...... (n/m) (Other Football) - usacanary, Mar 2, 19:29:54
    - Saudis frantically checking the small print to see if they had a cooling off period (n/m) (Other Football) - Old Git, Mar 2, 18:35:03

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