Roman Abramovich Wants to Sell his Soccer Club, Chelsea FC
News Synopsis
Roman Abramovich has announced that he is selling his English soccer club Chelsea FC. Shortly after Russia invaded Ukraine and the British government subsequently called for the seizure of assets from Russian billionaires, Roman Abramovich announced his intention to sell the English Premier League Chelsea FC.
The competition to buy one of the largest soccer clubs in the world has begun, and a group of American billionaires is leading the field. The group surrounding Swedish billionaire Hansjörg Wyss was like an early pioneer.
Hansjörg Wyss is the founder of medical device manufacturer Synthes USA, which he sold to Johnson & Johnson in 2012. According to Forbes, he is worth $5.1 billion.
Abramovich reportedly wants the club to be "at least" $3.9 billion. Chelsea FC was valued at $3.2 billion in the latest estimates of Forbes' top soccer teams. Abramovich became the owner of Chelsea in 2003 after acquiring his parent company for $230 million.
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