Prevent the Saudi billionaire from eyeing the purchase of Chelsea outright
In just over a day, Chelsea went from financial paralysis to salvage – thanks to Mohamed Alkhereiji, write DAVE FRASER.
Roman Abramovich put the Blues up for sale earlier this month but was quickly sanctioned for his ties to Russian President Vladimir Putin. Initially, the tycoon was forbidden to sell the club.
But after Abramovich agreed to give up any proceeds from the sale of Chelsea, the government allowed him to continue his bid to move on from the West London club.
And a bid has arrived, with private group Saudi Media Group – led by Alkhereiji – submitting an offer worth £2.7 billion.
Abramovich had hoped for £3 billion, but was able to accept the offer because he wanted a quick sale.
Rivals with British billionaire Nick Candy and several other party members including Hansjorg Wyss and Todd Boehly, Alkhereiji is the latest to take an interest in running the Stamford Bridge scheme.
Who is Mohamed Alkhereiji?
Alkhereiji is a Saudi Arabian businessman … and a Chelsea fan.
He runs the Saudi Arabia Media Group – the party behind the £2.7 billion bid – and is CEO of the parent company Engineer Holding Group, which was founded by his father, Abdulelah Alkhereiji.
However, Alkhereiji has ties to the UK, having studied at Cass Business School in London and also spent three years at Deutsche Bank.
THIS IS OUR FULL LOW ON ALKHEREIJI
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