Russian billionaire Roman Abramovich confirms plans to sell Chelsea

Swiss businessman already mooted as potential buyer, with Abramovich under pressure over his links to Vladimir Putin

Chelsea owner Roman Abramovich plans to sell the club. Picture; Jed Leicester/PA Wire

Chelsea owner Roman Abramovich has confirmed he is planning to sell the club.

Roman Abramovich has confirmed he has put Chelsea up for sale and has written off the £1.5bn of loans he has made to the club. The billionaires Hansjörg Wyss and Todd Boehly are part of a consortium trying to buy the Premier League team.