EPL: Abramovich finally puts Chelsea up for sale amid Russia-Ukraine war

Chelsea owner, Roman Abramovich, has put the club up for sale and has set his asking price at £4 billion.

The 55-year-old, who has owned the Premier League side since 2003, over the weekend distanced himself from the Blues, by handing over his “stewardship and care” to the trustees of Chelsea’s charitable Foundation.

The UK Government has faced calls to freeze Abramovich’s assets, as well as anyone who allegedly has ties with President Vladimir Putin, as part of its sanctions against Russia.

Abramovich has rejected multiple offers to sell Chelsea in the past.

But according to The UK Telegraph, he is now actively looking to sell the club.

However, the report claims that the Russian billionaire, who bought Chelsea for £140 million nearly 19 years ago, is expected to receive offers in the region of £2 billion.

On Tuesday evening, Swiss billionaire Hansjorg Wyss claimed that he, along with three others, has received a proposal to buy Chelsea from Abramovich.