Breaking: Roman Abramovich Denied Asking For Payment Of Debt Owe To Him By Chelsea FC

Chelsea have released a statement on behalf of Roman Abramovich insisting the Russian has not reneged on his promise to write off the £1.6billion in loans he has given to the club.

The sale of the west London club is now in the final stages, with a consortium led by Todd Boehly picked as the preferred buyer by US merchant bank Raine Group – who have been overseeing the sale process.

However, earlier this week a report in The Times claimed a fresh stumbling block had emerged after Abramovich requested that the club’s debts of £1.6bn were paid off to Jersey-based company Camberley International Investments – which appears to have links to the oligarch.

But now a statement from Abramovich’s spokesperson, published on Chelsea’s website, has categorically denied the report and insists he has not asked for any loan repayment and is committed to finding a ‘good custodian’ for the club.

The statement read: ‘Following speculation in media in relation to the sale of Chelsea FC, we would like to clarify the following points. Firstly, Mr Abramovich’s intentions in relation to gifting the proceeds from the Chelsea sale to charity have not changed.

‘Since the initial announcement, Mr Abramovich’s team has identified senior representatives from UN bodies and large global charitable organisations who have been tasked with forming a Foundation and setting out a plan for its activities. The lead independent expert has had conversations with government representatives presenting the structure and initial plans.

‘Mr Abramovich has not been involved in this work and it has been managed independently by experts with years of experience working in humanitarian organizations.

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