Chelsea officials have reportedly held already as many as two negotiating sessions with representatives from a multi-billion pound corporation from China, as they’re planning to find a target of investment in European football.
According to Daily Mail Chelsea chairman Bruce Buck met with HNA Group’s acquisition and mergers division before the Blues’s FA Cup tie against Peterborough last month, and the American man is thought to have flown to Asia afterwards to enter the advanced stages of the negotiations.
The Chinese company, HNA, have an annual revenue in the excess of staggering £20bn, and are reportedly very ‘serious about a club’. However, it’s still unclear what kind of conversations have taken place between the two parties, and it’s also believed that Roman Abramovich – the club’s current owner – is unlikely willing to sell.
But Chelsea could use a hand in finances with big projects coming to their way. For example the expansion and development of Stamford Bridge – which is thought to cost somewhere near £500m – is just one of such projects that the club could love to have financial help with.
Russian multi-millionaire Abramovich completed his takeover of Chelsea in the summer of 2003 and has invested well over £1bn into the club inside the last 14 years, resulting in multiple Premier League titles, FA Cups and European trophies.
