Muhsin Bayrak handed double Chelsea takeover blow as first transfer plan flops after failed bid

The Leicester defender was linked with a move to Chelsea amid rumours that Muhsin Bayrak was interested in a takeover but neither look set to be completed now

Potential new Chelsea owner Muhsin Bayrak has been handed a double blow to his hopes of owning the club with his first transfer set to fall to the wayside. The Turkish businessman was linked with a bid for the west London club following Roman Abramovich’s decision to sell.

He confirmed his interest in an interview with Turkish outlet Yeni Safak. He said: “We are negotiating the terms of the purchase of Chelsea with Roman Abramovich ‘s lawyers.

“We are in the negotiation phase for the signatures. We will fly the Turkish flag in London soon. We made our offer. Because of the war with Russia and Ukraine in the world. Because they find Turkey safe, they want to get most of the after-sales money in Turkey. We are planning to sign soon.”

It is unclear how serious his interest actually was but it now appears highly unlikely that he will be the next owner of the club after his company AB Group Holding apparently failed to lodge the bid with Raine Bank ahead of last week’s deadline. He revealed that he was ‘very upset’ by the misunderstanding.

Now, Bayrak’s hopes for Chelsea have taken another significant blow with rumoured transfer target Caglar Soyuncu admitting that he was ‘happy’ with Leicester City. It was suggested that Bayrak would make a move for his compatriot should he complete a takeover

Speaking with Tivibu, the central defender said: “I have a contract with Leicester City. I am happy here.

“I want to stay in the Premier League as long as possible and help players who will come here in the coming years.”

Soyuncu, 25, arrived at the King Power Stadium from German outfit Freiburg in the summer of 2018. He has gone on to make 119 appearances for the Foxes and enjoyed an exemplary 2019/20.

The Turkish international has not quite managed to hit those levels again though and like a number of his teammates has endured an inconsistent campaign this term. The 43-capped defender has just over a year left to run on his current contract in the Midlands.


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