London, Jan. 18 : Russian billionaire Roman Abramovich is thinking of selling the Chelsea football club to Gulf Arabs.
According to The Times, representatives of the oligarch have travelled to Saudi Arabia and Dubai to elicit interest in the club.
At least one of the meetings was with members of the Saudi royal family. There has been no evidence so far of a potential buyer.
The Middle East has become the cash cow for British football teams.
One source said: “Abramovich’s team have been out in the Middle East sounding out what interest there is in buying the club.”
Chelsea, however, insisted last night that Abramovich was still fully committed to the club on which he has lavished hundreds of millions of pounds.