Saudi Consortium Offers Chelsea IDR 50 Trillion

A Saudi Arabian consortium led by Saudi Media has emerged as one of the potential buyers of Chelsea to dare to submit a bid of 2.7 billion pounds (Rp 50.3 trillion).

This offer may face difficulties as it requires the approval of the British Government and the Premier League, which effectively controls Chelsea after freezing the assets of its owner, Roman Abramovich, due to Russia’s invasion of Ukraine.

But according to The Guardian, British Prime Minister Boris Johnson has given Saudi Media the green light, albeit indirectly through his Conservative ally and British MP, Nigel Huddleston, who stressed the importance of a partnership with Saudi Arabia.

“The UK’s relationship with Saudi Arabia is very important,” Huddleston said. “We welcome Saudi Arabia’s investment.”

The Premier League itself must ensure this consortium has nothing to do with the Saudi royal family or with the owners of Newcastle from Saudi Arabia.

But the Saudi offer is much larger than the bid made by the consortium of Todd Boehly, Hansjorg Wyss and Jonathan Goldstein, which has prepared a maximum of 2.5 billion pounds (Rp 37.2 trillion).

The Saudi bid is also bigger than British property magnate Nick Candy who bid 2.5 billion pounds (Rp 46, trillion).

According to the Evening Standard report, Saudi Media confirmed their no ties to the state or the Public Investment Fund that controls Newcastle.

They claim to be led by Mohamed Alkhereiji, who is often seen alongside Saudi’s de facto ruler, Prince Mohammed bin Salman.

The deadline for submitting an offer to buy Chelsea is Friday this week. (OL-8)