Can a multi-million dollar sale be closed in a matter of days? Richard Masters think so The executive director of the Premier League welcomed the decision of Roman Abramovich to sell Chelsea and said that it could be closed sooner rather than later.
“I think it could be closed in ten days, the fastest we’ve ever done it, but that doesn’t mean the record can’t be beaten.”Masters urged, though he made it clear that “the most normal thing is that it will take several weeks, but that will depend on the complexity of the deal and the number of potential owners. As long as the information is understandable and gives us the correct answers, it can be done with relatively quickly.”
Regarding the announcement of Roman Abramovichthe executive director of the Premier League he opined that “it is the right decision, the situation has escalated incredibly fast in the last seven days and he has come to the correct conclusion that it is unsustainable in the current environment. It is for the good of all, including the fans.”
The new owners and human rights
Given the example of Roman Abramovich, from the Premier League the possibility has been opened to add a component related to human rights as a test of the new club owners. “We have had very useful discussions with Amnesty International about this sort of thing. We are not yet ready to say how it will change because it should be a test for football. We, the FA and the EFL would agree what the test should be, how it would be implemented and how it would be communicated to the fans”, explained Masters.
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Television rights in Russia, under study
Another topic he discussed Masters This is the situation of Okko Sport, a station that currently broadcasts the Premier League in Russia until next season Match TV offers them. “TV rights in Russia are under review. I would like the Russian people to see the strength of sentiment in the Premier League and English football at the weekend, but we will be watching them very closely in terms of suspension or termination given the current circumstances.”