Reports: Premier League giants hold talks for huge £2.5bn worth takeover

If reports are to be believed, Chelsea has held discussions with three groups over a potential £2.5 billion takeover. If true, this signals Roman Abramovich’s desire to sell up.

The Russian billionaire has endured a torrid spell with British authorities over the past year or so. Having been denied a visa last May, the oligarch has had to overlook his prized asset from a distance. A regular at Stamford Bridge, the Russian is believed to have not attended a single Chelsea fixture this season.

The growing distance between the two is in stark contrast from when his presence in the director’s box was a given. Although the impasse over his visa is to blame for his absence from domestic ties, The Mirror reports that the petrol-baron has been tipped to listen to offers in light of the situation.

Further, according to The Mail, the club has sounded out proposals from three parties, including US and Asian groups. However, Chelsea season ticket holder and Britain’s wealthiest man, Sir Jim Ratcliffe is believed to retain more than a passing interest in the club.

The petrochemical mogul recently acquired Team Sky in a  £34 million-a-year deal. The billionaire amassed his fortune with the petrochemical company, Ineos. The 66-year-old already owns Swiss club Lausanne-Sport but has previously expressed a desire to purchase a Premier League club.