March 04, (THEWILL) –Â Muhsin Bayrak, a Turkish investor, claims to be close to completing the acquisition of Chelsea from Roman Abramovich.
Abramovich has put Chelsea up for sale, and the group led by Todd Boehly and Hansjord Wyss has gotten a lot of attention, despite the fact that it was disclosed on Thursday that the Russian has already received many proposals for around £3 billion for the club.
Bayrak’s name had not come up in the conversation until now, but the Turk, who has previously been regarded as Abramovich’s close buddy, has stated that he wants to seal the sale as quickly as possible.
“We are negotiating the terms of the purchase of Chelsea with Roman Abramovich’s lawyers. We are in the negotiation phase for the signatures. We will fly the Turkish flag in London soon”, he said.
“Roman Abramovich has confirmed that he will sell Chelsea, which he bought in 2003, on the club’s official website. Our Holding Lawyers and Roman Abramovich’s lawyers have been in touch since the first day Chelsea entered the sales process.
“The negotiation process has come to an end and we are planning to sign soon. This sale is also very important for Turkey.”
Raine Group, the bank in charge of the sale, has claimed that Abramovich will not expedite the sale of Chelsea because he wants to find an appropriate buyer.
“We are not going to rush anything”, the bank’s co-founder, Joe Ravitch, co-Founder and partner of Raine said. “It is very important that Chelsea have the right owner to guide the club forward.”
Jude Obafemi is a versatile senior Correspondent at THEWILL Newspapers, excelling in sourcing, researching, and delivering sports news stories for both print and digital publications.
