I can't argue with this logic.As someone who hates Chelsea and wishes them nothing but the worst, I truly hope this happens.
Chelsea owes Abrahmhovic $1.5B in loans. Pretty certain buying a PL team, especially one like Chelsea, will either bankrupt Vivek or turn the team into a middle of the road PL team. The big teams all pretty much bleed money (see the $1.5b in loans over the yrs) and is pretty much a status symbol for Middle East and Asian billionaires. That is, their teams are marketing write offs. This is a head scratcher.
I can't argue with this logic.
Also confused why if he likes football so much he didn't help the Republic out. Though I am telling you fine folks in Sacto, just support the team you have and enjoy it. MLS sucks.
Chelsea is worth a lot more than the Kings so hopefully he ends up selling to finance it
I should clarify that MLS sucks because they market themselves as a supporter driven league but they snuff out support. They champion SSS in towns like Portland and Sacramento but go ape over teams that play in American Football stadiums to one-time record crowds. For ownership I am sure it has a lot of perks. Nothing like an NBA team though. And it probably isn't the savviest investment for a guy like him either since the expansion fees kept going up from when Sac tried to get in the game. But Vivek could have maybe raised his social capital in Sacramento if he diversified and got one team to win. lolI thought you answered your own question.
IIRC Abrahmhovic said he was walking away from the loans.
Chelsea fanbase should be very afraid if this comes to fruition
Maybe he’s starting to explore for an off-ramp? Haven’t heard a more than a peep about him since the executive search committee and McNair took over
terrible NBA owners lining up for the chance to ruin another franchise.
Everyone wants in on this. The Ricketts trying to buy the team as well