8 Incredible Things Sold for $1

2. Chelsea Football Club

Chelsea FC is not just any football team, as you may have guessed. It is a true football giant that is comparable to Manchester United and Liverpool and has won numerous cups throughout its history. However, they owed 1.5 million pounds when they were deeply in debt in 1982. At that point, Ken Bates entered and paid a mere pound for the club!He later turned it around and elevated the squad to the top division in England’s football league. Naturally, Bates had to use his personal funds to settle the club’s obligations, but in the end, all worked out when he sold “Chelsea” to Roman Abramovich in 2003 for a record-breaking 140 million pounds, making it the most expensive football club sale in English history.