Elliott in talks to acquire Chelsea from Abramovich: details
Elliott Management are collaborating with billionaire Nick Candy to acquire Chelsea football club from Roman Abramovich. Since 2018, Elliott Management Corporation is the owner of AC Milan club. The American fund acquired the Italian giants after previous president Yonghong Li defaulted on his debt. Elliott’s first undertaking in the world of football proved successful with AC Milan returning to high levels and eventually balancing their problematic budget. Now the Americans are looking to invested again…
Read More