Abramovich selling up....

Only reason Roman writing the 1.5 billy off is cos he knows he couldn't reclaim in anyway 😂

All his efforts will be spent on trying to find a way to sell the club and receive the $. Writing off the debt isnt something I think was even an option so the idea of it being spun as him being nice is kinda funny.

He is not writing the debt off though. "net proceeds of profits" is the key phrase here. He will want his money back. ie the loan.

comment by LukaBrasi COYS (U22178)
posted 29 minutes ago
He is not writing the debt off though. "net proceeds of profits" is the key phrase here. He will want his money back. ie the loan.
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He said he will write his loan off, which is 1.5b, but I'm guessing he will want the purchase price. How he intends to receive those funds is what will interest me.

comment by FootyMcfootfoot (U21853)
posted 2 hours, 51 minutes ago
comment by LukaBrasi COYS (U22178)
posted 29 minutes ago
He is not writing the debt off though. "net proceeds of profits" is the key phrase here. He will want his money back. ie the loan.
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He said he will write his loan off, which is 1.5b, but I'm guessing he will want the purchase price. How he intends to receive those funds is what will interest me.
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Do you remember what the purchase price was?

............and he could give every penny to Daniel Levy to buy new players and we would still only come second.

He should sell to Mike Ashley

May I present President Bitter

https://www.ja606.co.uk/articles/viewArticle/442926

Man Utd are a tale of caution. The Glazers are one of the few to buy a club for big money and even then i think it was 'only' £800m, 75% of which they borrowed against the clubs future revenues.

The only significant expansion any investor can gain from CFC is through the stadium and thats a £1-1.5bn project.

It is effectively a fire sale, he is an unwilling seller being forced to sell and any buyer recognise this and drive a hard bargain.

comment by HB Fash (U21935)
posted 1 day, 5 hours ago
He's right though.

He's bailing out because he's involved, so he must not be allowed to sell Chelsea, it has to be frozen.
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hes an israeli citizen so why

comment by vavarising (U21731)
posted 19 minutes ago
comment by HB Fash (U21935)
posted 1 day, 5 hours ago
He's right though.

He's bailing out because he's involved, so he must not be allowed to sell Chelsea, it has to be frozen.
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hes an israeli citizen so why

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And probably has no money in Russian banks