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Billionaire Candy still interested in Chelsea, gives update on Chelsea pursuit after Roman Abramovich sanctions

Roman Abramovich has seen his assets frozen by the UK government, but there may still be a way for a takeover at Stamford Bridge to go through

Uncertainty reigns at Chelsea following the news that club owner Roman Abramovich has seen his assets frozen by the UK government, with the Russian businessman in the process of trying to sell the club, but there is hope that a takeover could be completed as billionaire Nick Candy remains an interested party.

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As things stand, with those boasting ties to Russian president Vladimir Putin facing sanctions outside of their homeland, Abramovich, who has been at the Stamford Bridge helm since 2003, is being prevented from making any kind of profit from his interests in Britain.

That has put talk of a sale on hold at Chelsea, while ticket and merchandise sales are shut down, but interested parties are continuing to explore all of their options when it comes to the Premier League heavyweights, with property developer Candy – who is a Blues fan – confirming that he remains in the race for control of west London giants alongside a number of American investors.

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What has been said?

A spokesperson for Candy, who is planning to attend Chelsea’s home date with Newcastle on Sunday, said: “We are examining the details of yesterday’s announcement and we are still interested in making a bid.

“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, who has vowed to put supporters at the centre of the club should he wrestle control from Abramovich, is in talks with several parties over a joint venture.

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