Roman Abramovich is demanding Chelsea’s new owners commit to not copying the Glazer Manchester United model, according to The Sun.
As part of the detailed discussions with the “preferred bidder” consortium headed by Los Angeles Dodgers co-owner Todd Boehly, Abramovich is insisting on stringent conditions.
The Russian’s appointed brokers, the US-based Raine Group, have told Boehly that he must promise not to pay out dividends or take any management fees for a decade after the completion of the deal.
That would prevent Boehly from echoing the approach of the Glazers since their 2005 United takeover – and which has sparked consistent and growing protests from fans.
Boehly, backed by US venture capital investors Clearlake, is closing in on his £4bn takeover despite the late bid by Britain’s richest man Sir Jim Ratcliffe and his Ineos group.
But Boehly will have to agree to Abramovich’s conditions before final approval – including limits on future debt levels and a commitment to spending £1bn on Stamford Bridge, the academy and the club’s highly-successful women’s team.
Arsenal manager Mikel Arteta has signed a new contract at Arsenal that will keep him at the club until the end of the 2024/25 season.
In what is a huge show of faith from the club, the Spaniard has signed a new deal at the Emirates Stadium, following an impressive campaign from the Gunners that could end with them finishing in a Champions League place for the first time in five years.
A short statement on Arsenal.com read: “We are delighted to announce that Mikel Arteta and Jonas Eidevall have signed new contracts with the club.”
Arteta has spoken about the new deal himself, saying: “When I spoke to Josh [Kroenke] he could see the club at the same point and he wanted to take the club the way I wanted to do it. So everything that he’s said, and that Stan has said when I’ve been together with both of them, they’ve always delivered.
“We want to take the club to the next level and to compete really with the top teams. In order to do that, we have to be playing in the Champions League.
“We have to be able to evolve the team, improve our players, improve all departments, generate even more connection with our fans, improve the atmosphere at the Emirates, be able to recruit top, top talent and the best people for this club to drive this project to that level.”
Chelsea legend John Terry revealed former interim manager Rafa Benitez told club chiefs during his brief tenure at Stamford Bridge that the former captain “had to go”.
But then Benitez left in the summer of 2013 and was replaced by Jose Mourinho, who called Terry and promised him that he would be his skipper going forward.
Posting a picture on Instagram holding the Premier League trophy, the former defender wrote: “Champions 2015. I played every single game the season after Rafa told the club I had to go and I couldn’t play two games a week…
“I then had a phone call from Jose Mourinho telling me he was coming and I was his captain.”