Saudi Media Consortium, Who are they? Roman Abramovich has placed Chelsea up for sale, following increased criticism due to his links to Russia, and a wave of investors have expressed interest in the club.
The decision was taken in response to pleas that Abramovich be prevented from owning Chelsea due to his links to Russian President Vladimir Putin, who has campaigned for Russia to attack Ukraine and inflict massive harm on the European country.
And Abramovich’s chances of a quick sale have improved dramatically.
Saudi Media Consortium Owner, Net Worth, Chelsea Bid, Stamford Bridge Plans
The Saudi-based firm is one of three new names that have emerged in recent hours as the Blues takeover talks heat up. Saudi media has previously visited Stamford Bridge in the aftermath of Roman Abramovich’s Chelsea purchase.
Saudi Media Chief Mohamed-Al Khereiji has already chosen to make his Chelsea intentions public after what he was found doing near the end of 2021 amidst Roman Abramovich sale negotiations.
Saudi Media’s bid to buy Chelsea FC
- Redevelop Stamford Bridge
- Renew contracts of key players including Antonio Rudiger & Cesar Azpilicueta
- Investing heavily in Men’s, Women’s, and Academy teams
Chelsea fans reaction to the bid on Twitter
Saudi Media Group, Who are they?
At this moment, the names of individual supporters remain unknown. Saudi Media, on the other hand, is recognized for its worldwide backing of media, sporting brands, and advertising.
With offices in both Dubai and Saudi Arabia, Saudi Media focuses on the pan-Arab broadcasting sector.
Chelsea is afraid of selling the club to a group with potentially divisive political or geographical ties.
Who is Mohamed-Al Khereiji? And The Net worth of Saudi Media
Mohamed-Al Khereiji, the Saudi Media Chief, is believed to have a net worth of $ 2.7 billion. He is regarded as one of the wealthiest Arabs on the planet. Saudi Media’s entire net worth, on the other hand, remains unclear.
And it was rumored that he’s a Chelsea fan and so does his children.
|Industry||Media; public and investor relations|
|Founded||5 July 1988; 33 years ago|
|Key people||Abdulrahman bin Ibrahim Rwaita (chairman)|
|Revenue||SAR 1,066.840 million (2010)|
|Total assets||5,748,512,000 Saudi riyal (2019)|
|Owner||Al Ahli Capital Fund 13 29.90%|
|Al Ahli Capital Fund 4 29.90%|
The story so far about chelsea’s potential buyer
More than 300 parties are said to have expressed an interest in buying #Chelsea according to MailSport
According to Goal, the Saudi giant has expressed interest in purchasing the Blues, with Abramovich announcing his decision to sell the west London club in a statement last week. If the sale goes through, the business has also stated that it plans to rebuild Stamford Bridge.
The US-Swiss partners of Todd Boehly and Hansjorg Wyss have both indicated interest, with Abramovich valuing the club at £3 billion.
Robert ‘Woody’ Johnson of the New York Jets and Vivek Randadive of the Sacramento Kings are among the potential purchasers for the franchise, as is Al Khereiji and his Saudi Media company.
Despite early confidence that a takeover agreement may be reached quickly, no such outcome is anticipated. However, as we wait for more concrete information on the new owner race, it’s still uncertain whether Saudi Media would file a formal offer.
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Latest report: Saudi Media Consortium
Meetings on the Saudi Media bid proceeded today, and it was independently confirmed by a UK government source.
According to Nizaar Kinsella, the Saudi Arabian government is not participating in the proposal.
On 14th March 2022, Saudi Media Group have made a £2.7bn [$3.5bn] offer to buy Chelsea. Mohamed Alkhereiji is a Chelsea fan and leading a private consortium. (via @JacobsBen)