roman Abramovich has denied reports he is asking for a £1.5 billion ($1.9 billion) loan to be repaid for the sale of Chelsea to go through.

The Russian billionaire put the Premier League club up for sale on March 2, insisting he would not call in the loan amassed during his 19-year reign in charge and that all proceeds from the sale of the club would go to victims of the war in Ukraine.

Abramovich was then sanctioned by the British government and the European Union for his links to Russian president Vladimir Putin, forcing Chelsea to operate under a special licence.

That licence runs out on May 31, with fears over the future of the club if a sale does not take place before the end of the month.

Continue reading this article on SportsDesk, the sports website of the Times of Malta

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.