Media reports revealed that Lotfi Mansour, CEO of Man Capital, a subsidiary of the Mansour Group, is likely to be on the list of candidates to buy the British football club, Chelsea. This came a day following the Russian billionaire, Roman Abramovich, announced his intention to sell Chelsea FC, following days of pressure he faced over the Russian military operation in Ukraine.
The 55-year-old Abramovich bought Chelsea in 2003 for $230 million from former English owner Ken Bates, and now wants to get at least 3 billion pounds in return for giving up the club that turned him into one of the most important clubs in the world and its champion, And the current European League champion.
Lotfi Mansour is a young businessman, nephew of Yassin Mansour, head of the football company at Al-Ahly Club of Egypt. The 33-year-old is a Chelsea fan and holds a season ticket to attend the matches of the South London team, which made his name popular among the candidates to buy the “Blues”.
Lotfi Mansour worked in his father’s commercial group, and the “Financial Times” reported that the Mansour Group is one of the largest investment groups, with 60,000 employees and revenues exceeding $6 billion. . The Mansour family also owns a McDonald’s franchise in Egypt and several retail outlets.
Mansour will join, in the event of Chelsea’s purchase, a group of Arab investors in English clubs such as Manchester City, Newcastle United, Aston Villa, Hull City and Sheffield United.