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Abramovich Sets To Sell Chelsea For £2bn

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Chelsea owner Roman Abramovich has hired New York bank Raine Group in preparation for selling off the club, according to The Sunday Times.

The bank is said to have valued the club at £2 billion and Chelsea have engaged their advisors after they helped Manchester City sell a 13 per cent stake in the club to China Media Capital for £265 million in 2015.

It is unclear whether they would look for new owners or to sell a stake in the club which Abramovich bought for £140 million in 2003 but the move comes at a critical time for Chelsea, who look overwhelmed by the scale of the wealth of clubs such as Manchester City and Paris Saint Germain.

In May, following the political sanctions Great Britain imposed on Russia in response to the Salisbury poisoning, Chelsea announced that Abramovich was putting off a proposed £500 million expansion of Stamford Bridge.

They have failed to qualify for the Champions League for the second time in three years, having previously qualified for the competition every year since Abramovich took over.

They have also still to convince Eden Hazard to sign a new contract or risk having to sell him to Real Madrid next summer when he will have just one more year on his deal.

Chelsea needs to rebuild the team under new manager Maurizio Sarri after having allowed talents such as Mo Salah, Kevin de Bruyne and Romelu Lukaku to leave the club in recent years.

Chelsea has enjoyed a long spell of success since Abramovich completed his takeover in the summer of 2003.

They became the first London club to the win the Champions League in 2012, as well as earning five of their six league titles in this period.

However, more inconsistent league finishes recently and the rise of uber-rich Man City have ended this dominant period.

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BIG STORY

CAF 2024 Awards: Nigeria’s ‘Super Falcons’ Wins National Team Of The Year (Female Category)

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The Nigerian women’s national football team, Super Falcons, were named “National Team of the Year” at the CAF Awards 2024.

This achievement, revealed on Monday by the Confederation of African Football during the presentation ceremony in Marrakech, Morocco, further solidifies their dominance and excellence in African football.

This esteemed recognition underscores the team’s exceptional performances and significant contributions over the past year, as they continued to represent Nigeria at the pinnacle of women’s football in Africa.

The CAF Awards annually honor the best in African football, celebrating teams, players, and coaches who have excelled in their respective fields.

The Nigerian women’s team has consistently demonstrated resilience, skill, and determination on the international stage, earning the admiration of fans and experts alike.

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BIG STORY

Four Years Ago I Failed In Front Of The World, Fast Forward, I’m The Best Player In Africa — Ademola Lookman

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Ademola Lookman, Super Eagles winger, says his success as the 2024 CAF Men’s Player of the Year came after he “failed in front of the world” four years prior.

Lookman spoke after receiving the award as the best African male footballer of 2024 in Marrakech, Morocco, on Monday.

The 27-year-old finished ahead of Achraf Hakimi, Simon Adingra, Ronwen Williams, and Serhou Guirassy to win the coveted individual prize for male African footballers.

He followed in the footsteps of Victor Osimhen, who won the award in 2023.

Speaking at the ceremony, Lookman referenced his failure to convert a penalty for Everton in November 2020.

Lookman had the opportunity to earn a point for Fulham in their English Premier League (EPL) match against West Ham United. Instead, he failed to execute a Panenka penalty kick that was easily saved by Lukasz Fabianski as West Ham won 1-0.

The penalty attempt earned him mockery on social media, and Scott Parker, Fulham’s manager, criticized the player publicly.

“Just over four years ago I failed in front of the world. Fast forward four years, I’m the best player in Africa,” Lookman said after receiving the award.

“I want to say to the young children and people watching this: don’t let your failures weigh you down that they break your wings. Matter of fact, turn your pain into your power and continue to fight.

“Firstly, I want to thank the Almighty God for everything he has been doing in my life, and everything he has been blessing me with.

“I want to thank the president, I want to thank all my teammates—club and country. I want to thank them for all their support and love that they gave me.”

“This award today is a blessing to me, to my family, to my nation, and to be recognized as the best player in Africa. It’s something incredible and I’m extremely proud of.”

Lookman left Fulham after that season for RB Salzburg in Germany, where he continued to flap his wings before taking flight following his move to Atalanta in the summer of 2022.

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BIG STORY

Ademola Lookman Wins 2024 CAF Men’s Player Of The Year

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Ademola Lookman has been crowned the 2024 CAF Men’s Player of the Year.

The Nigerian triumphed over Simon Adingra, Achraf Hakimi, Rowen Williams, and Serhou Guirassy to claim the prestigious award.

Atalanta’s forward, Lookman, succeeds his fellow Nigerian, Victor Osimhen, who was the recipient of the award last year.

The 27-year-old made a significant impact for Nigeria during the 2023 Africa Cup of Nations in Cote d’Ivoire.

The talented winger netted three goals and provided one assist in the competition, with the Super Eagles securing second place.

He also achieved a historic hat-trick for Serie A club Atalanta in the final of the UEFA Europa League.

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