End of an Era?

Contribution post by Nick Blakely

A few weeks ago, I started to wonder if it was time for a change in ownership at Stamford Bridge. Do not get me wrong, I will be forever grateful for what Roman Abramovich has done for Chelsea. We have won everything with him at the helm. He has given all of us so many great memories over the last 15 years. I thank him for that.

However, with Roman unable to return to England and our upcoming transfer ban, I believe now could be the perfect time for the club to sold.

Some fans worry that executives will not be interested in buying Chelsea. However, this is not a fear I have. Chelsea is one of the most illustrious clubs in Europe. Chelsea is also located in the best part of one the most famous cities in the world. There is no doubt in my mind that there would be many wealthy suitors interested in buying Chelsea Football Club.

According to the Telegraph, Jim Ratcliffe, one of Britain’s wealthiest men, had an offer of around 2 billion pounds rejected by Chelsea in June 2018.

ineos-grenadier-111

Ratcliffe is the majority shareholder of the British chemical company, Ineos, which is the primary source of his wealth. His estimated net worth is said to be double that of Abramovich at around 20 billion pounds. On top of this, Ratcliffe is a season ticket holder at Chelsea and has a residence located in West London. It would definitely be an easy transition for him if he were to buy the club.

Ratcliffe already has some experience with owning a football club. In fact, football is a big passion of his. He became the owner of a Swiss club, FC Lausanne-Sport, in 2017 (Telegraph).

Ineos has also recently become the primary sponsor of Team Sky (BBC Sport). Ratcliffe definitely has experience in the world of sport, which gives me confidence he would be a great owner.

I recently posed the question to Chelsea fans on twitter to see if people would be interested in a takeover led by Ratcliffe. The results of this poll were extremely interesting. It is definitely a divisive topic for Chelsea fans.

thumbnail_Chelsea Article poll 3.18.19

It seems to me that Roman has lost some of the drive which made him such an amazing owner. This is why I believe he should sell the club now. The club indefinitely shelving plans for a new Stamford Bridge is crucial to why I believe Abramovich has lost interest.

Along with postponing the stadium plans, Roman has not been as involved with the club in the last few years as he was in the early years of his reign. He still makes the final decisions, but Marina Granovskaia handles most of the club’s business. It just feels like the right time for Roman to sell the club in my opinion.

No one knows what the future holds for Chelsea. For now, the board is firmly saying that Chelsea is not for sale (Sky Sports). Whether Abramovich decides to sell Chelsea or not, I just want what is best for the club. I want to see us succeed.

CFCNicholas

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