Egyptian Billionaire Who Is Chelsea Season Ticket Holder Rules Out Buying Club

Egyptian businessman and Chelsea season ticket holder Loutfy Mansour is not ‘pursuing a bid’ to buy Chelsea from Roman Abramovich.

Abramovich announced that he has put the club up for sale on Wednesday, with the Russian oligarch said to have set a £3billion asking price while also writing off the £1.5billion debt the club owe him.

Swiss billionaire Hansjorg Wyss claimed earlier this week that he has been approached to buy the club as part of a consortium which includes LA Dodgers co-owner Todd Boehly, who has previously shown interest in buying the west London club.

And a report on Friday claimed the ‘team is complete’ and they are confident of making progress to buy the west London club over the weekend.

It had been suggested there would be competition from at least two other parties, one of which was thought to be Mansour, but a spokesperson for the billionaire has now ruled him out.

The spokesperson told The Guardian: “In light of the recent media speculation, we want to make it clear that we are not pursuing a bid for Chelsea Football Club at this time.”

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