Reports circulating on social media suggests that Chelsea Football Club owner, Roman Abramovich, may sale the club as he is likely to receive bids this week.

Roman Abramovich who has been banned from the UK last week handed over the management of the football club to the Trustees Chelsea’s Charitble Foundation.

Matt Law of the Daily Telegraph UK posted a while ago that Roman Abramovich will receive bids to sell off the football club

The Chelsea owner is believed to have bought the club for € 143 million in 2003 and has thus far invested about €1 Billion thus far.

More on this to come.