Chelsea owner Roman Abramovich has allegedly held talks with a Chinese firm over a £500m investment plan.
The Russian businessman is estimated to have spent £1 billion of his personal wealth on the Blues since he acquired the club in 2003, a tenure that has seen them win the Premier League five times, the Champions League and the Europa League, as well as four FA Cups and three League Cups.
Abramovich also has ambitious plans to demolish Stamford Bridge and build a new 60,000-seater stadium in its place in a project that will cost around £500m.
According to The Sun, Abramovich is not prepared to sell a stake in the club in exchange for investment but has held talks with a Chinese firm over a deal that would see them fund the cost of the new Stamford Bridge and be repaid in the years that follow.
The redevelopment project was given the green light by London mayor Sadiq Khan earlier this year, with hopes that construction can be completed in time for the 2021-22 season.
When Tottenham Hotspur’s new White Hart Lane opens at the start of next season, Stamford Bridge will be the smallest of the ‘big three’ club stadiums in London with a capacity of just under 42,000.
Chelsea News: Roman Abramovich Sent Six Cars To Sign John Obi Mikel
JOHN OBI MIKEL has told of how Chelsea chairman Roman Abramovich conducted a “military operation” to get him to sign for the Blues.
Chelsea were in a tussle with Manchester United over the Nigerian’s signature.
Mikel had put pen-to-paper at Old Trafford – but he ended up signing for the Blues after a year-long tussle.
A meeting with the Premier League’s Sir Dave Richards helped to resolve the issue.
But Abromavich still went to the most extreme lengths to make sure the deal was completed in his favour.
“He (Sir Dave Richards) offered to help me,” recalls Mikel.
“He told me it was making enemies between the two big clubs.
“I told him I wanted to play for Chelsea and he said he would help resolve it. Then I had a secret meeting with Mourinho at his house.
“Roman Abramovich organised six cars to get me there. It was like a military operation.
“I started in one car, then the drivers would talk to each other and suddenly I was dropped off and then picked up by another car.
“Once there, Jose told me: ‘The boss really wants you. I’ll play you and make you what you want to be’.
“That really helped as there were times when I thought: ‘Have I made the right decision?’.”
Mikel went on to win everything possible during his 11 years at Stamford Bridge.
The 30-year-old’s trophy cabinet boasts a Champions League, Europa League, two Premier League, four FA Cup and two League Cup medals.