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mega money Roman Abramovich trying to sell Chelsea quickly but price tag is a big problem

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Chelsea owner Roman Abramovich. Photo: Paul Gilham/Getty Images

Chelsea owner Roman Abramovich. Photo: Paul Gilham/Getty Images

Chelsea owner Roman Abramovich. Photo: Paul Gilham/Getty Images

Chelsea owner Roman Abramovich is eager to sell the club as quickly as possible, as he looks to cash in his assets following Russia's invasion of Ukraine.

Swiss billionaire Hansjorg Wyss revealed he has been offered the chance to buy Chelsea, with a consortium of welathy investors believed to be considering a deal.

Russian-Israeli billionaire Abramovich is understood to want to retain his ownership of Chelsea, but that could effectively prove close to impossible should the UK Government impose sanctions on the 55-year-old, who has owned the west London club since 2003.

Yet the club owe their current owner around £1.5billion in loans and have no way of paying that back to him unless he agrees to include that debt as part of a deal to sell the club.

There are suggestions that Abramovich is looking for as much as £3billion to sell the club that won the Champions League last season, with that figure unlikely to be reached in the current financial climate.

Wyss, 86, has admitted he will look into the details of any possible deal to buy Chelsea, with the asking price thought to push beyond £2billion.

"Abramovich is trying to sell all his villas in England, he also wants to get rid of Chelsea quickly," Wyss told Swiss newspaper Blick.

"I and three other people received an offer on Tuesday to buy Chelsea from Abramovich. I have to wait four to five days now. Abramovich is currently asking far too much.

"You know, Chelsea owe him £2 billion. But Chelsea has no money. As of today, we don't know the exact selling price."

Abramovich attempted to step back from the daily running of Chelsea on Saturday, in the wake of Russia's invasion of Ukraine.

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Russian President Vladimir Putin speaks as billionaire and businessman Roman Abramovich looks on during a meeting with top businessmen on July 19, 2016 in Sochi, Russia (Photo by Mikhail Svetlov/Getty Images)

Russian President Vladimir Putin speaks as billionaire and businessman Roman Abramovich looks on during a meeting with top businessmen on July 19, 2016 in Sochi, Russia (Photo by Mikhail Svetlov/Getty Images)

Russian President Vladimir Putin speaks as billionaire and businessman Roman Abramovich looks on during a meeting with top businessmen on July 19, 2016 in Sochi, Russia (Photo by Mikhail Svetlov/Getty Images)

The Blues boss has tried to hand the "stewardship and care" of Chelsea to the club's charitable foundation trustees.

That led the Charity Commission to contact the Stamford Bridge club for more detail on Abramovich's plans, after several of the trustees raised concerns over technicalities.

Labour MP Chris Bryant has called for the UK Government to impose sanctions on Abramovich after a number of Russian oligarchs have already fallen under such penalties.

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Abramovich is understood to have attempted to hand control of Chelsea to the foundation trustees in a bid to protect the club.

The Chelsea owner would not receive any protection from sanctions through stepping away from daily control at Stamford Bridge.

Abramovich's spokesperson said on Monday that the Russian-Israeli businessman was attempting to broker a peace deal between Russia and Ukraine.

Swiss billionaire Wyss, who founded medical device firm Synthes USA, insisted he could only consider a deal for Chelsea with a clutch of investment partners.

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Swiss billlionaire Hansjorg Wyss has the chance to buy Chelsea but claims the asking price is too much.

Swiss billlionaire Hansjorg Wyss has the chance to buy Chelsea but claims the asking price is too much.

Swiss billlionaire Hansjorg Wyss has the chance to buy Chelsea but claims the asking price is too much.

"I can well imagine starting at Chelsea with partners, but I have to examine the general conditions first." said Wyss.

"What I can already say: I'm definitely not doing something like this alone. If I buy Chelsea, then with a consortium consisting of six to seven investors."

Even if Abrnaovich sells Chelsea for around £1.5billion, the amount he is owed by the club, he will make a vast profit on his investment as he paid around £140million to buy the club from Ken Bates in 2003.

While the Russian has invested huge sums of his own money into the club over the course of his tenure at the helm, that has allowed him to spread his wealth in different directions to ensure his liquid wealth has been vastly diluted in readiness for the kind of crisis of the nature he currently finds himself caught up in.

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