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Chelsea 'are set to fetch the highest price for a sports team EVER at over £3BILLION after 20 bids flooded in' for Abramovich's frozen asset - and the winner 'will be picked by the second week of April'

Chelsea could receive the highest ever price to purchase a sports team with a bid of over £3billion as interest ramps up to take the club off Roman Abramovich.

The Blues were plunged into a crisis earlier this month when the club's Russian billionaire owner Roman Abramovich was sanctioned by the Government amid his close ties to Russian president Vladimir Putin, who the UK are looking to stifle after his decision to invade Ukraine.

Chelsea have been hit hard by the sanctions are are not currently permitted to buy players, agree new contracts, sell match day tickets and their away day travel budget has been capped at £20,000 - with the club given a special licence to continue to their desperate search for new ownership.