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Potential Chelsea purchaser Nick Sweet makes promise to followers over takeover bid

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The property developer has vowed to present supporters a seat on the board (Image: Getty)

British billionaire Nick Sweet has promised to present Chelsea followers a seat on the board if his bid to purchase the west London membership from Roman Abramovich is profitable.

The 49-year-old property developer is in talks with financiers as he appears to kind a consortium to purchase Chelsea – the membership he helps – and can push forward regardless of Abramovich being sanctioned.

There had been solutions that the Russian oligarch could be unable to promote the membership after his belongings have been frozen, however the UK authorities are ready to inexperienced mild a deal if Abramovich doesn’t profit financially from the sale.

Abramovich was sanctioned over his ties to Vladimir Putin (Image: Getty)

Chelsea are believed to have obtained greater than 10 credible affords for the membership, although Sweet is hoping it is going to be his bid that positive aspects the backing of supporters.

Along with giving followers a real say on the working of the membership going ahead, he has additionally supplied to offer short-term funding ought to Chelsea require it – topic to compliance with the situations imposed on the membership.

‘We welcome the information that the sale of the membership shall be performed rapidly,’ a spokesperson for Sweet informed Sky News on Sunday.

‘It is a reassuring improvement for followers after per week of nice uncertainty.

Extra: Chelsea FC

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‘Mr Sweet cares massively about the way forward for the membership and believes that the followers and the neighborhood are central to its continued success.

‘Ought to his bid achieve success, Mr Sweet would advocate for a fan consultant to affix the board so supporters develop into a part of the decision-making course of.

Sweet is a boyhood Chelsea supporter and season-ticket holder (Image: Getty)

‘If the membership requires cash to function within the brief time period, Mr Sweet could be blissful to assist guarantee it has the mandatory monetary sources, topic to authorities approval.’

Sweet, a season-ticket holder, is believed to be at Stamford Bridge on Sunday to attend Chelsea’s Premier League conflict with Newcastle.

Abramovich had instructed US service provider financial institution Raine Group to supervise the sale of the membership and so they confirmed on Friday that, topic to the UK authorities approving each the supply and use of the funds, the sale shall be allowed to undergo.


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