Chelsea chief Roman Abramovich gives Frank Lampard green light on latest signing

Chelsea owner Roman Abramovich will continue to bankroll the club this summer as he wants to take advantage of a unique opportunity to close the gap on Premier League pace-setters Liverpool and Manchester City.

The coronavirus has affected many clubs around the world as revenue streams were hit hard when matches were postponed for three months.

Supporters are still banned from entering stadiums across most of Europe which will continue to have a damning financial impact.

However, Chelsea are in a strong position following the recent sales of Alvaro Morata and Eden Hazard.

Abramovich is also one of the richest owners of a football club with Forbes’ latest information ranking his net worth at £9.6billion.

Therefore, the extremely rich Russian is hoping to snap up a few bargains and he is willing to fork out for Bayer Leverkusen star Kai Havertz.

According to Sky Sports, Abramovich believes there is more value in the market and can see prices dropping because of the global pandemic.

The 53-year-old would rather invest heavily with the market severely affected so he is getting more for his money.

That is music to the ears of boss Frank Lampard, who has steered the club out of a two-window transfer ban.

The former midfielder resisted the opportunity to spend heavily in January but he will do so this summer.

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Ajax ace Hakim Ziyech and RB Leipzig forward Timo Werner have already completed their moves to Stamford Bridge.

And Lampard has now been given the green light to press ahead and sign Havertz, who has scored 16 goals this season.

Meanwhile, German football expert Raphael Honigstein thinks Leverkusen will not let their star leave on the cheap.

“Well Chelsea are among a number of clubs who are interested in Kai Havertz, why wouldn’t they be?” Honigstein said.

“They are talking to him of course but that is no different from literally everybody who is talking to him. It comes down to the sticking point which is Leverkusen’s valuation.

“They want nothing less than €100million plus, maybe €120m for a player who is worth the money.

“But the current market doesn’t find clubs necessarily ready to put that much money on the table.”

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