Exclusive-Chelsea FC’s banker says Abramovich’s exit will not be rushed

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Reuters UK

By Krystal Hu (Reuters) – Roman Abramovich will not rush his divestment of English football team Chelsea FC, an adviser on the sale process told Reuters, even as Britain is considering sanctions against the Russian billionaire. Chelsea FC tapped Joe Ravitch, the co-founder of investment bank Raine Group LLC, to find a buyer after Abramovich decided this week to put the football club he has owned for 19 years up for sale. The move follows Russia’s invasion of Ukraine that has triggered an international backlash against businessmen with close ties to Russian President Vladimir Putin. British Pri…

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