‘We’re in the negotiation phase for the signatures. We will fly the Turkish flag in London’: Little-known ‘billionaire’ Muhsin Bayrak claims he is in talks to buy Chelsea from Roman Abramovich, rivaling Todd Boehly and Hansjorg Wyss
- Roman Abramovich sensationally put Chelsea up for sale earlier this week
- Abramovich is cutting ties with the Blues amid Russia’s invasion of Ukraine
- US and Swiss tycoons Todd Boehly and Hansjorg Wyss are keen to buy the club
- But Turkish billionaire Mushin Bayrak claims he is close to agreeing to a deal
- Bayrak says he is locked in talks with Abramovich’s team about buying Chelsea
- He is the founder and chairman of AB Group Holding, worth a reported £8billion
Turkish billionaire Muhsin Bayrak claims he is in talks with Roman Abramovich’s lawyers about buying Chelsea after the club was put up for sale earlier this week.
Abramovich felt shockwaves rippling through European football on Wednesday when he sensationally announced he is looking to sell the Blues after almost two decades as owner.
The Russian has made the decision to end his 19-year reign at Stamford Bridge amid his country’s invasion of Ukraine, which has raised questions in UK parliament about potentially imposing sanctions on him.
Muhsin Bayrak claims he is in talks with Roman Abramovich’s lawyers about buying Chelsea
Abramovich sensationally announced earlier this week that he is selling the Blues
As a result, Abramovich is now offloading all of his London assets before the British government can penalize him, including his beloved Chelsea.
American and Swiss tycoons Todd Boehly and Hansjorg Wyss appeared the frontrunners to meet his rumored £3billion asking price, but now Bayrak has claimed he will be ‘flying the Turkish flag in London soon’.
‘We are negotiating the terms of the purchase of Chelsea with Roman Abramovich’s lawyers,’ the businessman, whose family is one of the most important in Turkey, told Turkish outlet Yeni Safak.
Swiss and American tycoons Hansjorg Wyss and Todd Boehly are interested in buying the club
Abramovich is said to value his Stamford Bridge empire at a staggering £3billion
‘We are in the negotiation phase for the signatures. We will fly the Turkish flag in London soon.
‘We made our offer. Because of the war with Russia and Ukraine in the world. Because they find Turkey safe, they want to get most of the after-sales money in Turkey.
‘We are planning to sign soon.’
Bayrak is the leader of the Mutki Tribe of Bitlis, one of the largest families in Turkey, as well as Chairman of the Board of AB Group Holding, which has investments in crypto, construction, tourism and energy sectors.
Baryak, chairman of rumored £8bn-business AB Group Holding, says he is close to a takeover
The Turkish billionaire has claimed he will be flying his country’s flag in London ‘soon’
The AB Group, founded by Bayrak in 1999, is based mainly in Istanbul but also operate out of Italy, Greece and Spain. The company, allegedly worth $11billion (£8billion), is also said to have investments in London.
‘Roman Abramovich has confirmed that he will sell Chelsea, which he bought in 2003, on the club’s official website. Our Holding Lawyers and Roman Abramovich’s lawyers have been in touch since the first day Chelsea entered the sales process,’ Chelsea’s potential suitor added.
‘The negotiation process has come to an end and we are planning to sign soon. This sale is also very important for Turkey.’
George Holan is chief editor at Plainsmen Post and has articles published in many notable publications in the last decade.