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UK property developer Nick Candy has said he bid more than £2 billion ($2.6 billion) with a group including two South Korean partners for Chelsea Football Club, while rival bids from investors including former Liverpool FC Chairman Martin Broughton also landed before Friday’s deadline.
The 9pm deadline for bids to buy Chelsea has passed, with consortiums led by Nick Candy, the Ricketts family and Sir Martin Broughton and Lord Sebastian Coe among the bidders.
Premier League club Chelsea by groups led by British property developer Nick Candy, Chicago Cubs owners the Ricketts family and the pairing of Martin Broughton and Sebastian Coe. Premier League Chelsea were initially put up for sale by owner Roman Abramovich following Russia's invasion of Ukraine before sanctions were imposed on the oligarch by the British government, effectively giving it control of the club.
Nick Candy has vowed to involve Chelsea fans if the British property tycoon succeeds in his bid to buy the troubled Premier League club. Candy is believed to have submitted a bid of over £2 billion ($2.6 billion) for his boyhood team before Friday's deadline and he promised to give fans a 'golden share' ownership stake. On a frantic day at Stamford Bridge, former Liverpool chairman Martin Broughton and World Athletics president Sebastian Coe also lodged a joint bid. Chicago Cubs owners the Ricketts family followed suit, while LA Dodgers co-owner Todd Boehly's consortium also made a confirmed bid.
Rival bidders Sir Martin Broughton and Nick Candy have made their pitches to win over Chelsea supporters following their respective bids to buy the club.
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World Athletics president Sebastian Coe, the owners of the Chicago Cubs and LA Dodgers, a consortium of South Korean companies and a Swiss billionaire are all in the running to buy Chelsea FC after the Premier League club was put up for sale after UK government levelled sanctions on the club's owner, Roman Abramovich.