Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Football London
Football London
Sport
Daniel Orme

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

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."

READ MORE: New owners' top priority revealed once Roman Abramovich takeover deal is complete

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.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.