Chairman Wontumi reveals why he pulled out of the race when he bid to buy Chelsea- We realize Chelsea is now……

Ghanaian business tycoon, Bernard Antwi Boasiako has unveiled that he decided to fall back from the race to buy Chelsea because the club is massively in debt.

The gentleman popularly known as Chairman Wontumi with interest in the club bathed down after sanctions leveled against former possessor Roman Abromovich .

“I genuinely wanted to buy Chelsea, I was interested but there was a short challenge and there were numerous people who had penetrated the bid with over 200 shortlisted. It was cut to five and I was a part of it,”he told Zion Felix.

“But, after my lawyers and financiers met the agents involved in the trading of Chelsea prompted us and we realized the club was owing Abramovich £1.5 billion and there are government sanctions on him. We’ve no idea when that will be dropped and so after our computations we realize it was profitless.”

Chairman Wontumi was one of the names that blew up when Abramovich set up the club on sale.

“I am informed of the intention by the owner of your estimable club, Mr Roman Abramovich, to put Chelsea Football Club for trade. I’m writing this letter to officially affirm my intention for the purchase of same,” a statement from the Wuntumi Business Group read.

“ My official offer is in the range of three-point One Billion dollars ($3.1 B).”