Source: REUTERS/ANDREW COULDRIDGE
[Saba Sports News] According to reports from British
media, Chelsea Football are exploring the possibility of securing an additional
loan of £250 million. The intention behind seeking this loan is to support the
club’s ongoing investment activities. Chelsea have reportedly approached Bank
of America for guidance in this matter. Currently, the club’s owner already has
a loan of £800 million, and they are looking to increase the loan amount to
£1.05 billion. The primary purpose of this additional loan is to provide funds
for player acquisitions and the redevelopment of Stamford Bridge, the club’s
stadium. It is worth noting that during the loan discussions, the lender was
even invited to attend Chelsea’s recent game against Aston Villa, indicating
the close involvement of financial institutions in the club’s operations. In a
separate financial move, Chelsea recently raised £500 million through subordinated
debt from Ares Management Corp.