Muhsin Bayrak: Who Is He?
Muhsin Bayrak is a business tycoon from Turkey.
He is originally from Bitlis and is the leader of the Mutki Tribe – one of the largest families in the entire country.
He serves as a chairman of AB Grup Holding, a construction and investment company founded in 1999.
AB Grup Holding business was initially based in Istanbul but now operates in Italy, Spain.
Ever since Roman Abramovich put the Chelsea club up for sale, several wealthy suitors have had their names linked with potential bids.
The Turkish billionaire Muhsin Bayrak has emerged as the latest candidate to complete a takeover of Chelsea.
Some reports have suggested that Bayrak’s net worth sits at $11billion (£8.3billion), even though it is not verified by Forbes.
Whilst little is known about the Turkish businessman, he has affirmed that he is already on the way to sealing a deal for the Blues in the immediate future.
Turkish newspaper Yeni Safak quoted Bayrak as saying: “We are discussing the terms of Chelsea’s purchase with Roman Abramovich’s lawyers. We are in the negotiation phase. We will fly the Turkish flag in London soon.”
Bayrak’s representatives told Sky Sports: “First of all yes the news is true. We submitted our offer.”
Roman Abramovich is said to be looking at a price of £3 billion for Chelsea FC.