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Chelsea ‘receive major boost after Roman Abramovich strikes deal with the Government to allow

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Roman Abramovich and the UK Government have reportedly found an agreement to push ahead with the sale of Chelsea.

Sportsmail revealed earlier on Friday that Downing Street had opened negotiations with the Russian billionaire’s advisers over the terms of the sale, which No 10 is eager to push through as quickly as possible.

It came after the club were handed a sporting licence to continue with their football-related activities, but any sale of the club was put on hold, while fears they would not be able to finish the season were also prevalent.

Now according to The Daily Telegraph, the two parties are striking a deal in a major boost to the west London outfit.

The Government regard a quick sale as the best outcome for Chelsea and its fans, but for that to happen Abramovich would have to agree to writing off loans of over £1.5billion without receiving any of the proceeds.

But that appears to have happened, with the report claiming Abramovich has instructed The Raine Group – the American bank that paused the sale after the Russian was sanctioned on Thursday due to his reported links to Vladimir Putin – to continue the process of completing a takeover.

See also  Chelsea ready to 'hijack' £100m transfer as Thomas Tuchel identifies fresh targets

The same outlet also claims a deadline of the end of next week – pushed back from Tuesday – has been set for prospective new buyers’ first bids to be submitted, with Abramovich now hoping for a rapid sale and Raine hoping it attracts more bidders.

However, The Telegraph also add a so-called ‘doomsday’ scenario is also a possible eventuality and could come become reality if Abramovich cannot sell and the sporting licence is not amended to allow more less stringent terms.

British billionaire Nick Candy has confirmed in recent days he is still pursuing a bid for the club.

The 49-year-old property developer is a Chelsea fan, who is planning to attend Sunday’s Premier League home match against Newcastle and has pledged to put supporters at the centre of his plans for the club that will be jointly-funded with American investors.

See also  Chelsea's ruthless sacking decision ahead of Juventus Champions League clash

‘We are examining the details of the announcement and we are still interested in making a bid,’ a spokesperson for Candy told Sportsmail.

‘Clearly this is a time of great uncertainty for all Chelsea fans. In our view no one is the owner of a football club – you are the custodian of it for the fans and the community.’

Candy is convinced that Chelsea can be run profitably despite the club posting losses of £145m last year, through growing the club’s brand globally and embracing innovative new markets, as well as extracting more revenue from a multi-purpose redeveloped Stamford Bridge.

This belief appears to be shared by other buyers, with a £2bn-plus bid from Todd Boehly and Hansjorg Wyss still on the table, and serious interest from Chicago Cubs owner Tom Ricketts and the owner of the New York Jets, Woody Johnson.

See also  Thomas Tuchel reveals BIG challenge for Chelsea after Champions League success

Whilst Chelsea were not placed in administration after Abramovich’s assets were frozen on Thursday the sales process is likely to resemble that carried out by clubs who have been.

Job losses are regarded as inevitable, not least as many Chelsea staff are no longer permitted to carry out their roles, with the club’s merchandising and ticket operations shut down.

It comes after Chelsea sponsors Trivago announced they were sticking with the club, saying it’s ‘important to us to continue supporting the club’.

But the club are facing an exodus of players, with Reece James attraction attention from Man City and Real Madrid.

Reports had also suggested Chelsea’s bank account had been temporarily suspended by Barclays, who wanted to evaluate the sporting licence they were handed.

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Report: Star ready to join Man United now wants £33.7million contract

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The latest reports in the media are anything to go by and Adrien Rabiot’s mother-agent, Veronique, is proving to be a difficult negotiator.

Last night, we covered a story (via La Gazzetta Dello Sport) claiming that the French international has demanded a three-year deal worth £25.4million to move to Old Trafford.

This morning, as per Corriere dello Sport (news image provided below), the Red Devils have agreed a fee worth 17-18 million euros with Juventus but the dilemma is that the agreement with the player is still missing.

See also  Chelsea's ruthless sacking decision ahead of Juventus Champions League clash

Ten Hag contacted Rabiot to convince him to join Man Utd which is why the midfielder became willing to negotiate personal terms.

However, Veronique now wants a four-year contract worth 40 million euros (£33.7million) for his son and the negotiations have slowed down.

See also  Thomas Tuchel reveals BIG challenge for Chelsea after Champions League success

Manchester United’s midfield department is in desperate need of reinforcements and Ten Hag may end up losing out on signing Frenkie de Jong to Chelsea.

The last big signing for the central midfield was done back in 2018 when Mourinho splashed the cash to lure Fred from Shakhtar. The Red Devils must act fast to strengthen things in the center of the park.

See also  Chelsea ready to 'hijack' £100m transfer as Thomas Tuchel identifies fresh targets

Rabiot is neither as creative as Pogba nor as versatile as De Jong. However, he has experience of winning big titles with PSG and Juventus and even with France. So, in all fairness, he would be an upgrade to McFred.

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Man United pushing for Pogba replacement in more ways than one

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Manchester United may be about to take on another troublesome Frenchman, having just gotten rid of one.

The departures of Paul Pogba and others this summer have left new manager Erik ten Hag with a bare cupboard in terms of midfield options.

United have turned to Juventus outcast Adrien Rabiot, who is available for £15 million, after failing to secure Frenkie de Jong, the Ten Hag’s top transfer target, from Barcelona.

Rabiot, 27, isn’t particularly popular at Juventus and hasn’t replicated the form that established his reputation during the seven years he spent at PSG before that.

But it isn’t just on-field sluggishness that has harmed the reputation of a player who was once regarded as France’s golden boy.

Off-field squabbles and indiscretions, not only by Rabiot but also by his formidable mother and agent Veronique, have earned him a reputation as a difficult customer in the game.

See also  Chelsea chief Marina Granovskaia make great comments on Thomas Tuchel after bringing back Champions League trophy

However, Ten Hag and United are becoming increasingly desperate. Despite the club’s insistence that their interest in Rabiot was firm prior to Sunday’s season-opening loss to Brighton, the timing appears to be a reactionary move.

And Rabiot’s rap sheet contains numerous items that could cause United to live to regret their decision.

Rabiot was on the verge of breaking into the PSG senior squad after graduating from their academy in 2012.

Rabiot was supposed to travel to Qatar with the team for a mid-season tour, but his mother insisted on accompanying him.

Veronique, Rabiot’s uncompromising agent, enters the picture. After his father, Michel Provost, suffered a stroke in 2007 that left him with locked-in syndrome, she took over his career. Michel is paralysed but fully aware.

See also  Chelsea ready to 'hijack' £100m transfer as Thomas Tuchel identifies fresh targets

Her insistence on accompanying the tour caused friction, and Rabiot was eventually loaned out to Toulouse.

Even stranger, she allegedly insisted on attending all of their training sessions while there.

Two years later, Rabiot was on the verge of leaving PSG after Laurent Blanc demoted him to the reserves.

Veronique was waiting for Blanc as he left PSG’s Camp des Loges training facility one evening.

‘You can’t treat him like that. ‘I’m not going to agree to that,’ Blanc was told, presumably forcefully.

PSG had no choice but to call in security, but the confrontation appeared to work.

See also  Chelsea star is the best player in the world - Juventus Legend

Rabiot’s contract with PSG was renewed – and on better terms – not long after he failed to secure a move to Roma.

France’s hopes of adding the European Championship to their World Cup glory last year ended when they lost on penalties to Switzerland in the last-16.

Afterwards, an extraordinary video emerged of Veronique confronting Mbappe’s father, Wilfried, after the PSG striker missed the decisive spot-kick.

It is thought she said: ‘It is embarrassing how he struck that, for a player of his level. He hit it too lightly, I hope you are going to scold him.’

Apparently during an earlier discussion, Veronique told Wilfried his son was ‘arrogant’, has a ‘big head’ and gets ‘too much protection from the press.’

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Report: Arsenal in ‘lead’ for ‘remarkable’ £33m attacker; agents braced for potential talks

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Arsenal have been heavily linked with Villarreal’s Yeremy Pino in recent days.

According to El Periodico Mediterraneo, the Gunners are the most interested club in the race for the 19-year-old.

Meanwhile, Spanish outlet AS claim Villarreal would be likely to accept any bid in the region of €40-50m (£33-42m).

Now, Marca and EPM have provided further updates on Arsenal’s pursuit of Pino, as transcribed by Sport Witness.

Marca has claimed that the Gunners and Liverpool are in the ‘lead’ to sign the Spain international.

Villarreal are currently ‘waiting’ because ‘any movement’ could lead to Premier League interest intensifying.

See also  Chelsea star is the best player in the world - Juventus Legend

Meanwhile, EPM have reported that the La Liga club hasn’t yet received an offer from Arsenal or elsewhere.

Apparently, there has been only ‘one communication of a principle of interest’.

Namely, to know the intention of the player and Unai Emery’s side to carry out the potential transfer.

The report doesn’t mention which club made this approach.

However, they do explain Pino’s agents have maintained contacts with important Premier League sides.

The representatives have ‘seen with interest the possibility of starting talks for his signing’.

As per the AS report, EPM claim a deal Pino can happen for a fee of around €40-50m this summer.

See also  Thomas Tuchel praises Chelsea star for ‘protecting’ Kai Havertz in Club World Cup final

‘His composure belies his age’

Arsenal have (reportedly) picked out a superb target in Pino, one of the most talented youngsters in Spanish football.

He enjoyed a breakout campaign for the Spanish side last year, scoring six goals and adding four assists in 21 starts.

Pino also featured seven times as Unai Emery’s side reached the Champions League semi-finals.

He’s young, very talented, and has a fair bit of experience at the top level too.

Earlier this year, Squawka published a scouting report on Pino.

See also  Chelsea 'table €100m offer' for Juventus star as Italians club issue quick response

‘Yeremi’s finishing is remarkable’, they wrote.

‘He has a natural ability to get himself into goalscoring positions through his movement and well-timed runs, and once he’s there, his composure belies his age.’

They also said Pino was ‘among the most prolific dribblers within Villarreal’s squad, and brings great value to Emery’s squad with that attribute and his blistering pace.

‘He is crucial in the transition, and that is why the former Arsenal coach has opted for Pino in games where the counter-attack has been crucial.’

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