Roman Abramovich, Chelsea owner, 'withdraws' UK visa application

Roman Abramovich, Chelsea owner, 'withdraws' UK visa application

The club, who finished fifth in the Premier League and therefore failed to qualify for the Champions League, said plans to redevelop Stamford Bridge had been put on hold indefinitely.

As the reputable English paper The Times reports, now the Russian entrepreneur intends to sell Chelsea to cover his expenditures on the club in full.

The London soccer club blamed "the current unfavorable investment climate" for the decision in a short statement issued on Thursday.

The announcement on Twitter has left the already dismayed Chelsea fans stunned with many venting their frustrations on the social media platform.

Chelsea had been planning an extensive redevelopment of their Stamford Bridge stadium, including increasing the capacity to 60,000.

Abramovich has also reportedly withdrawn his application for an investor visa to the United Kingdom, in retaliation to the hardline attitude of the Home Office.

Chelsea had originally planned to relocate from Stamford Bridge, but after plans failed to materialise they looked set to improve their current home.

Asked if the 51-year-old Abramovich is now Israel's richest man, Koren said: "Well probably, I don't have such a list".

Abramovich became Chelsea owner in 2003 and with the help of his financial input, Chelsea were able to appoint Jose Mourinho and win their first two league titles in 50 years. The Sun also quotes the £1.17bn figure it would take to buy Chelsea from Abramovich.

According to the sources of the news agency, he does not need British visa as he received Israeli citizenship.

Sarri, Blanc or Zidane to replace Conte?
It appears that the club have shelved plans to appoint Sarri over claims by former Inter boss Roberto Mancini that Sarri hurled homophobic insults at him during a touchline row in 2016.

A spokesman for Abramovich was not immediately available for comment.

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