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Switzerland’s Billionaire Wyss Ready to Buy Chelsea

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Hansjorg Wyss, one of Switzerland’s richest men, said Wednesday he had been offered the chance to buy Chelsea, with the European football champions’ Russian owner Roman Abramovich under growing scrutiny.

Wyss, 86, who founded the medical device manufacturing firm Synthes, told the Swiss newspaper Blick that he and three others had been sounded out on Tuesday.

But Wyss wants Abramovich to lower his asking price for the English Premier League side.

Abramovich revealed Saturday that he plans to place his ownership of the Blues into the “stewardship and care” of the Chelsea Foundation’s trustees.

Abramovich has not been named on a growing British sanctions list targeting Russian banks, businesses and pro-Kremlin tycoons in the wake of Moscow’s invasion of Ukraine.

But British Prime Minister Boris Johnson has been pressed on why Abramovich has not been cited, given his familiarity with Russian President Vladimir Putin.

“Abramovich is among Putin’s closest advisers and friends,” Wyss told Blick.

“Like all the other oligarchs, he is panicked. Abramovich is currently trying to sell all his villas in England. He also wants to get rid of Chelsea quickly. Along with three other people, I received an offer on Tuesday to buy Chelsea from Abramovich.

“I have to wait four or five days. Abramovich is asking too much right now. Chelsea owes him £2 billion ($2.7 billion, 2.4 billion euros). But Chelsea has no money. This means that those who buy Chelsea must compensate Abramovich.

“We do not yet know the exact sale price. I can very well imagine myself joining Chelsea with partners. First I have to look carefully at the conditions.

“I certainly wouldn’t do such a thing alone. If I buy Chelsea, it will be with a consortium of six to seven investors.”

– Silence at Stamford Bridge –

Contacted in London, Chelsea refused to comment, while a spokeswoman for Abramovich did not immediately respond.

Chelsea defeated Brazil’s Palmeiras 2-1 in the Club World Cup final in Abu Dhabi last month, meaning the Blues have now won every possible trophy since Abramovich bought the west London side in 2003.

Johnson was asked in Warsaw on Tuesday why Abramovich has not been personally sanctioned by Britain, as several UK lawmakers have demanded.

In response, Johnson did not mention the Chelsea owner, but said Britain would be “tightening the economic noose” further around the Russian regime.

In parliament on Tuesday, opposition Labour lawmaker Chris Bryant said Abramovich seemed “terrified of being sanctioned, which is why he’s already going to sell his home”.

Wyss praised the West’s “excellent approach” in imposing sanctions on Russian interests.

“The fact that the Russian oligarchs are targeted by the Americans and Europeans is absolutely essential, because they may have an influence on Putin,” he told Blick.

– Medical devices fortune –
Forbes magazine’s 2021 annual list of the world’s dollar billionaires put Wyss in 451st place, with a fortune of $6 billion.

The Harvard Business School graduate was the chairman and president of Synthes, one of the world’s major manufacturers of instruments and implants to mend bone fractures.

In 2012, Synthes was bought by US healthcare giant Johnson & Johnson. It now forms part of J&J’s DePuy division, with the acquisition creating one of the world’s largest orthopaedic and neurological businesses.

Wyss is also a well-known philanthropist, with his charitable foundation worth over $2 billion.

In 2018, he pledged to donate $1 billion to conservation programmes.

Stephen Taylor Heath, head of sports law at Manchester-based lawyers JMW Solicitors, said it was understood that Abramovich controls the corporate entities that own Chelsea rather than the club directly.

“Any would-be buyer would need to undertake due diligence which would establish the ownership structure and any issues with the club. And so a very quick immediate sale would be very difficult in practice,” he said.

AFP

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CAF Crowns Ademola Lookman As African Footballer of the Year

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Super Eagles winger, Ademola Lookman, has been named the CAF Footballer of the Year for the past year.

Lookman was announced as the winner at an elaborate event in Marrakech, Morocco on Monday night.

The Atalanta star won the prize ahead of Ivory Coast’s Simon Adingra and PSG’s Achraf Hakimi, Guinea striker Serhou Guirassy and South Africa goalkeeper Ronwen Williams.

It has been an incredible year for Lookman, who became the first player to score a hat-trick in the Europa League/UEFA Cup final since 1975, netting the three goals within 26 minutes against Bayer Leverkusen.

Lookman was included in the Team of the Year for the Europa League, and ended the season having had a direct hand in 18 top flight goals for La Dea.

The 27-year-old was ranked the 14th best player during the Ballon d’Or gala on October 28.

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Panel Clears Mbappe of Rape Allegation

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The Swedish Prosecution Authority announced today that the inquiry into rape allegations against French footballer Kylian Mbappé has been closed due to a lack of sufficient evidence to proceed.

This is according to multiple reports on Thursday morning.

The allegations had drawn international attention, casting a shadow over the football star’s career.

Mbappé, who had consistently denied the allegations, has yet to make an official statement regarding the decision

His legal team had previously emphasised his commitment to due process.

Mbappe was “linked to rape investigation in Sweden” and that he intended to reserve any explanations for the Swedish justice system “if necessary,” according to his lawyer, Marie-Alix Canu-Bernard.

“He prioritises providing his explanations, if required, to the Swedish judiciary,” Canu-Bernard told AFP, while strongly condemning “media allegations suggesting that Kylian Mbappé had commented on the events of his trip to Stockholm.”

The case, which began earlier this year, involved accusations stemming from an alleged incident in Stockholm. The prosecutor’s decision not to press charges marks the end of months of scrutiny and speculation.

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Man United Engage van Nistelrooy on Interim Basis As Ten Hag Gets the Boot

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Manchester United have announced the termination of Erik ten Hag’s contract after two-and-a-half years in charge at Old Trafford, with Ruud van Nistelrooy set to take interim charge.
The Dutchman was dismissed following a 2-1 defeat to West Ham, which left United sitting 14th in the Premier League table.
A club statement said: “Erik ten Hag has left his role as Manchester United men’s first-team manager.
“Erik was appointed in April 2022 and led the club to two domestic trophies, winning the Carabao Cup in 2023 and the FA Cup in 2024.
“We are grateful to Erik for everything he has done during his time with us and wish him well for the future.
“Ruud van Nistelrooy will take charge of the team as interim head coach, supported by the current coaching team, whilst a permanent head coach is recruited.”
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