Chelsea sale in doubt amid fears of Roman Abramovich u-turn

Chelsea owner Roman Abramovich

The sale of Chelsea is in major doubt because of fears Roman Abramovich is attempting to renege on his promise to write off his £1.6bn loan to the club.

On a day when Sir Jim Ratcliffe increased the pressure on Todd Boehly’s consortium, who have been granted preferred bidder status, it emerged that Chelsea said during talks with the government last week that they wanted to restructure the way the club is being sold. That would include paying off the debt from the club’s parent company, Fordstam Ltd, to a Jersey-based company, Camberley International Investments, which appears to be linked to Abramovich.