Chelsea Sale Could Reach £3bn News

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Chelsea Sale Could Reach £3bn

By Daily Sports Nigeria on April 14, 2022

Super Agent, Jon Smith has claimed the sale of Chelsea could reach £3bn, and it could have an effect on other Premier League clubs.

Chelsea is currently going through a change of ownership, due to sanctions placed against Roman Abramovich. Any sale could have an effect on other Premier Leagues, with any potential new owner likely to pay the most anyone has ever paid for a football club.

Speaking exclusively to Caught Offside, Smith said: “I was talking to a couple of the potential inbound Chelsea bidders recently and the price discussions are now around the £3bn mark, which is by far the biggest sale of a football club, anywhere, in the world.”

Offers of £3bn epitomises the vast amount of money involved in football nowadays, and the sale of Chelsea could effect the valuations of rival Premier League clubs.

“The values of Arsenal, Tottenham Hotspur and Liverpool a year and a half ago (damaged slightly by the pandemic) were a billion and a half to £2bn. In fact, I believe Spurs turned down an offer of £1.8bn because they wanted the club’s valuation to begin with a number two,” added Smith.

Although Chelsea is a huge club in the Premier League and have recently won a Champions League, they aren’t miles ahead of some of their Premier League rivals in terms of stature.

The likes of Arsenal and Liverpool have been powerhouses in England for years now, and before the Abramovich era, Chelsea wasn’t on the same level as their rivals.

“So, let’s assume Chelsea sells for £3bn – at that level, Spurs’ value gets dragged north of £2bn heading towards £2.5bn. Arsenal must be in that bracket. Liverpool must be in that bracket. Two years ago, just as the pandemic was starting, West Ham valued themselves at around £600m and I haven’t even mentioned Newcastle United and Manchester City’s values. But that has got to drag West Ham, at this moment in time, to around £750m,” Smith added.

Source Sporting Sun

Posted April 14, 2022