A look at contenders to buy Chelsea ahead of ‘preferred bidders’ announcement
The list of contenders to buy Chelsea is set to be whittled down to preferred bidders this week.
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The list of contenders to buy Chelsea is set to be whittled down to preferred bidders this week.
(Photo by Isabel Infantes / AFP)
The Ricketts family have officially submitted their bid to buy Chelsea, the PA news agency understands.
LONDON (Reuters) - Former British Airways chairman Martin Broughton said his consortium bidding for English Premier League team Chelsea comprised wealthy investors from around the world, all of whom want to maintain the club's top status.
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The 9pm bid deadline for the sale of Chelsea has passed, with the Ricketts family confirming they have submitted an offer for the Premier League club.
The Ricketts family have officially submitted their bid to buy Chelsea. The Chicago Cubs owners have lodged their consortium offer for the Stamford Bridge club, ahead of merchant bank Raine Group's Friday night deadline. New York bank Raine had set a cut-off of 5pm New York time for bids for Chelsea amid frenzied interest in the sale of the Blues. Cubs chairman Tom Ricketts has partnered with US hedge fund chief Ken Griffin on a potent submission, centred around sports ownership expertise and major stadium redevelopment know-how. Roman Abramovich put Chelsea up for sale on March 2, amid Russia's invasion of Ukraine. The 55-year-old was then sanctioned by the UK Government last week, after Downing Street claimed to have proved his links to Vladimir Putin. Russian-Israeli billionaire Abramovich has always denied those links, but had already moved to sell Chelsea amid the major geopolitical shift. Abramovich's UK assets are frozen by the UK Government but Downing Street has allowed Chelsea to continue operations under special licence.
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