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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

SPORT: Madrid Eye Ademola Lookman As Vinicius’ Replacement

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Spanish giants Real Madrid have entered the race for in-form Ademola Lookman, with the UEFA Champions League holders keen to bring the Nigerian to Santiago Bernabéu as a potential replacement for “Vinicius Junior.”

Lookman has been in scintillating form since joining Atalanta from RB Leipzig in 2022 for €9.35m plus bonuses, netting 39 goals and providing 23 assists in 90 competitive appearances for the Italian side, and has attracted the interest of several top European clubs.

The 27-year-old came close to joining Paris Saint-Germain in August, with “Sports Zone” reporting that he had reached a personal agreement with the French giants.

Last season, Lookman played 45 matches, scoring 17 goals and recording 10 assists. His standout moment came in the UEFA Europa League final against Bayer Leverkusen, where he netted a brilliant hat-trick to secure the trophy for Atalanta.

He has shown no signs of slowing down this season, contributing seven goals and five assists from 12 appearances.

Though Atalanta managed to retain the Nigerian during the summer transfer window, they could soon be forced to cash in on him, with several top clubs competing for his signature following another stellar season.

Madrid are preparing for the possible departure of their star forward “Vinicius,” with Al-Hilal reportedly planning a record-breaking €300m bid for the Brazilian, a transfer fee that could surpass Neymar’s €222m move to Paris Saint-Germain from Barcelona in 2017.

According to Spanish outlet “Fichajes” via “El Futbolero,” the Saudi Pro League club are eyeing “Vinicius” as a marquee signing and potential replacement for Neymar, who could depart Al-Hilal by season’s end.

Los Blancos have turned their attention to Lookman as a strong candidate to fill the void should the deal for the Brazilian go through.

“Faced with uncertainty over ‘Vinícius Jr.’s’ contract renewal, the Merengues have set their sights on a promising Serie A talent. Ademola Lookman, a winger for Atalanta, has emerged as one of the main options to take the Brazilian’s place should he decide to leave the Santiago Bernabéu,” the website wrote.

“Lookman’s qualities make him an ideal candidate to strengthen Real Madrid’s attack. His versatility to play on both wings, his speed, and his dribbling ability make him an extremely dangerous player in one-on-one situations. In addition, his ability to link up with his teammates and create dangerous plays makes him a perfect complement to Carlo Ancelotti’s style of play.”

According to Transfermarkt, the Nigerian is valued at €60m, a fee Madrid will have no problem paying.

At the recent Ballon d’Or Ceremony in Paris, Lookman was ranked 14th best player in the world and is also considered the favourite for the 2024 CAF Men’s Player of the Year award.

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BIG STORY

BREAKING: CAF Slams Libya $50,000 Fine, Awards Super Eagles 3 Points

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The Confederation of African Football (CAF) has imposed a $50,000 fine on Libya over the “inhumane treatment” inflicted on the Nigerian national team, while awarding the Super Eagles three points and three goals.

This was revealed by Super Eagles captain, William Troost-Ekong, in a post on his X handle on Saturday.

The decision follows CAF’s investigation into Libya’s maltreatment of the Super Eagles upon their arrival in the North African nation for the return leg of the African Cup of Nations qualifiers.

“CAF awards three points and three goals to Nigeria. Libya fined $50,000.

“Plane was diverted 300km from scheduled airport even when the pilot told them he was low on fuel.

“One step closer to our target AFCON 2025,” Troost-Ekong wrote.

 

More to come…

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BIG STORY

U-17 Women’s World Cup: Flamingos Beat Dominican Republic, Face US In Quarter Finals

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With an 89th-minute late goal, Nigeria’s women’s U-17 national team, the Flamingos, beat hosts Dominican Republic early Wednesday in Santo Domingo in the ongoing 2024 FIFA U-17 Women’s World Cup.

Midfielder Shakirat Moshood collected the ball from 25 yards and launched a powerful left-footed strike at goal which went past the Dominican goalkeeper, marking her fourth in the tournament.

Earlier, 15 minutes into the game, Moshood’s attempt was ruled offside by the Video Assistant Referee, before team captain Taiwo Afolabi struck to force the Dominican goalkeeper to a save.

After half-time, the Flamingos kept piling the pressure on their opponents before Moshood found the net.

The win is the Flamingo’s third consecutive as they emerged Group A leaders, above Ecuador, hosts Dominican and New Zealand.

The win in their final group game has helped them amass a total of nine points.

The Flamingos have been in blistering form in the South American nation, winning their first two games, scoring eight goals, and conceding just one

Coach Bankole Olowokoore’s side began the tournament with an emphatic 4-1 win over New Zealand in the Group A opener at Cibao Stadium in Santiago de los Caballeros and followed that up with another impressive 4-0 victory over Ecuador.

Olowokoore had expressed confidence that the girls would make Nigeria proud at the tourney, saying, “I will not change our messages to Nigerians but to thank and appreciate them for their support.

According to the X handle of the FIFA U-17 WWC, the Nigerian game is the highest-attended football match for any Dominican Republic National Team, which saw a record of 13,535 spectators.

The Flamingos will face their United States counterpart in the quarterfinal bout of the tournament.

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