Chelsea could either cease to exist or be fire sold if Abramovich is forced to call in his £2bn loan to the Chavs https://www.forbes.com/sites/davidd...2-billion-loan-to-chelsea-fc/?sh=2f0e5a6e1be7
The £2bn is his personal money that he's sunk into Chelsea as a loan to Fordham Ltd, Chelsea's parent company. We were having the convo on the war thread about what would happen to that money if Roman is subject to sanctions, essentially he'd not be able to access it depending on the rules of the Sanctions, but according to Forbes, he could still demand the money back if his other assets are frozen "Maguire describes the loans as leverage against any significant attack on his assets. “The club does not have the resources to pay the money back,” Maguire says. “If Chelsea was sold, ultimately you sell for enterprise value. Whether this money goes in the form of equity or debt is irrelevant. But the club, potentially, could be on the hook here because he could demand the money back.” Maguire says Abramovich could effectively argue that his assets are frozen, he needs the money, “and then the club ceases to be.”
