PREM boss Richard Masters says it is GOOD for English football that Roman Abramovich is selling Chelsea.

And league chiefs are ready to ease a takeover in 10 days or FEWER if they can.

Russian billionaire Roman Abramovich could sell Chelsea within ten days

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Russian billionaire Roman Abramovich could sell Chelsea within ten daysCredit: Getty
Richard Masters says it's 'unstainable' for Roman Abramovich to keep Chelsea

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Richard Masters says it’s ‘unstainable’ for Roman Abramovich to keep ChelseaCredit: Getty

Russian billionaire Abramovich is looking for a £3bn buyer for the Blues after deciding to cut his ties with the club.

And while Abramovich bankrolled Chelsea’s rise to FIVE Prem crowns, the Prem chief exec believes his imminent departure is “welcome”.

Masters said: “I think it’s the right decision. 

“The situation has escalated incredibly quickly over the last seven days and he’s come to the right conclusion that it was unsustainable in the current environment.

“It’s a welcome decision and for the sake of everybody, including the fans, the sooner the sale process concludes and completes, the quicker everyone can have certainty.”

That sale process may not be easy and Abramovich will remain the owner until a takeover deal is ratified by League bosses.

But the Prem is seeking to reassure Chelsea fans that there is NO threat to the team continuing to play during the next few weeks even if sanctions were to fall on Abramovich’s shoulders.

And Masters, speaking at the Financial Times Business of Football Sunmmit, suggested a takeover could be fast-tracked if needed.

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He added: “The quickest one we’ve ever done is 10 days. That’s not to say that record can’t be beaten.

“It could take a number of weeks and it will depend on the complexity of the deal. 

“Provided the information is easily digestible and understandable it could be done relatively quickly.”

Masters also said the Prem wants to rip up its existing Russian TV broadcast deal with Rambler, owned by the state-run Sberbank and it seems the next £42m six-yeard contract with Gazprom subsidiary Match TV will also be scrapped.

He explained: “Those contracts are under review. 

“In many respects I would like the Russian people to see the strength of feeling in the Premier League and in English football this weekend.

“But we are looking very closely at suspension or termination of the contracts in the current circumstances.

“I’m not a politician but the one thing that fixes it is if Vladimir Putin gets taken out of his role and replaced by someone else. 

“While a war is going on it is unsustainable – and clearly sport and Russia cannot mix.”

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