The Turkish billionaire, Muhsin Bayrak Kimdir has really shown great interest in buying the Chelsea football club from the Russian billionaire Roman Abromovich, after being in charge for 19 years. Though Chelsea has received many serious significant offers, as the sales team still expecting more bids to come in.
The construction, energy and technology giant Bayrak revealed he’s among the bidders for the Blues. “We can definitely confirm our bid for Chelsea,” “We have forwarded our offer regarding this.” Seda Bayrak, general manager of Bayrak’s AB Grup Holding, told some British press. Merchant bank the Raine Group is handling the bid process for Abramovich, whose club have won 19 major trophies in his two decades in charge.
Abrampovich decided to sell the Football Club due to Russia’s invasion of Ukraine, though he has not been mentioned in the British sanction list targeting Russian Banks. The sale process is still at gathering bides stage, with reviews only taking place once all offers are submitted. “We will fly the Turkish flag in London soon,” said Bayrak. “We are negotiating the terms of the purchase of Chelsea with Roman Abramovich’s lawyers. “We are in the negotiation phase for the signatures.”