Saudi Press

Saudi Arabia and the world
Monday, Jun 02, 2025

Saudi Media Group Make £2.7BN Offer to Buy Chelsea From Roman Abramovich

Saudi Media Group Make £2.7BN Offer to Buy Chelsea From Roman Abramovich

The Saudi Media Group have made an offer of £2.7 billion to buy Chelsea Football Club from Roman Abramovich, according to reports.

The Saudi Media Group have made an offer of £2.7 billion to buy Chelsea Football Club from Roman Abramovich, according to reports.

The Blues owner Abramovich was recently sanctioned and his assets have been frozen, therefore affecting the club. Despite this, the sale of Chelsea is now back on track as the government gave the green light for the process to continue.

And now, as reported by Ben Jacobs, Saudi Media Group have made a £2.7 billion bid to buy the club.

Mohamed Alkhereiji is a Chelsea fan leading a private consortium to take over the Blues from Abramovich and has no direct links to the government, Jacobs states.

He continues to report that there is support in finding funding and partners, but no financial backing as of yet.

It had previously been revealed that Saudi Media wished to renew the contracts of Antonio Rudiger and Cesar Azpilicueta.

They also have plans for the redevelopment of Stamford Bridge and are keen on investing in both the academy and women's sides at Chelsea.

The report also says that Saudi Media make a turnover of around £770 million a year.

The company are a fund involved heavily in funding media, advertising and sports brands across the world, according to Goal, and are now interested in acquiring Chelsea, with offices in Dubai, UAE and Saudi Arabia.

As it stands, the UK Government have recognised two different parties as 'serious contenders' to buy the club.

A consortium led by Todd Boehly and Hansorj Wyss is one group keen on buying Chelsea as well as British businessman Nick Candy, who is a Chelsea fan and was in attendance for their 1-0 win against Newcastle United on Sunday.

However, the Saudi Media Group have now made a bid for the Club and could be seen as the frontrunners to take over, as Raine Group consider all offers for the football club.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
The Daily Debate: The Fall of the Dollar — Strategic Reset or Economic Self-Destruction?
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
Saudi-Spanish Business Forum Commences in Riyadh
Saudi Arabia and Spain Sign MoU to Boost SME Sectors
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
A Chinese company made solar tiles that look way nicer than regular panels!
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
Saudi Arabia Emerges as Global Tech Magnet with U.S. Backing and Trump’s Visit
This was President's departure from Saudi Arabia. The Crown Prince personally escorted him back to the airport.
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
Trump takes a blow torch to the neocons and interventionists while speaking to the Saudis
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
Why Saudi Arabia Rolled Out a Purple Carpet for Donald Trump Instead of Red
Elon Musk Joins Trump Meeting in Saudi Arabia
Trump says it would be 'stupid' not to accept gift of Qatari plane
Quantum Computing Threatens Bitcoin Security
×