Chelsea transferring from Russia to Saudi Arabia? Petr Čech also commented on the situation at the club

After current Chelsea FC president Roman Abramovich offered his club for sale due to the Russian invasion of Ukraine, several bidders have emerged. Now Saudi Media Group has emerged among the bidders, making a £2.7 billion offer. Petr Cech has also commented on the unenviable situation at the club.

Two weeks ago, it was reported that Russian billionaire Roman Abramovich wants to sell Chelsea Football following the Russian-Ukrainian conflict.

Among the possible bidders there were many real and less likely names. One of them was supposed to be the martial sports star, MMA fighter Conor McGregor.

Saudi Media Group among bidders to buy Chelsea FC

The London club is in desperate need of a sale after the British government froze Roman Abramovich’s assets last week due to the situation in Ukraine.

According to the British newspaper The Sun, the Saudi Media Group, led by Chelsea fan Mohamed Alkhereiji, has joined the race for the London colossus. The private consortium has reportedly submitted a £2.7 billion bid to join the race for the southwest London club.

Saudi Media Group says it has no direct links to the country’s government, unlike the Public Investment Fund, which bought Newcastle earlier this season.

But The Sun adds that Saudi Media Group receives funding support from Mohammed bin Khalid Al Saud, who is chairman of the Saudi Telecom Company. This is a state-owned company in which the Public Investment Fund owns shares.

Mohamed Alkhereiji was at Stamford Bridge for the Blues’ draw with Manchester United in November. He previously lived in the UK where he attended business school in London. Alkhereiji also has links with Saudi football clubs Al Nassr and Al Hilal.

The Saudi Media Group is set to invest a whopping £770 million a year in the club. The consortium also intends to invest massively in the London club’s academy at the Cobham Training Centre and in the women’s team.

The sanctions currently imposed on Chelsea have sparked fears that the club may not be able to continue operating until the end of the season until the sale is completed.

The Blues are unable to raise any additional income from ticket sales or merchandise, which at a monthly player wage of £28 million is not an easy situation.

Technical director Petr Cech has commented on the unflattering situation at the club

Chelsea technical director Petr Cech has responded to questions about the future of the club. “We are going day by day and we hope that a new owner will come in and want to continue the legacy of this football club and keep it competitive,” the former Chelsea and Czech national team goalkeeping icon told The Sun.

“We hope so, but it’s a difficult situation given that the sanctions can change every day,” Cech said when asked if the club would be able to meet its obligations in terms of paying its staff.

As we have already written, there are many interested parties in the club. Among the biggest favourites, apart from the Arab Company, is British billionaire Nick Candy.

One of the first to express interest is a consortium led by Swiss rich man Hansjorg Wyss and co-owner of the L.A. Baseball Club. Dodgers Todd Boehly. Also, Turkish billionaire Muhsin Bayrak has reportedly said that negotiations to buy the Blues are underway.

Hopefully the unenviable situation at the club will be resolved soon, as it obviously does not help the atmosphere at the club, which is fighting for the highest goals in the heated domestic and European competitions.

Source: The Sun