Chelsea news: Former Chancellor George Osborne joins Todd Boehly's bid for the Premier League club

The LA Dodgers co-owner hopes to add extra credibility to his bid, and adding the ex-Evening Standard editor is certainly a step in that direction. 

London-based firm Robey Warshaw, where Osborne works as a partner, is understood to have joined Boehly's bid in an advisory capacity.

Osborne is a Chelsea fan and attended the club's 2012 Champions League final victory over Bayern Munich.

In a week's time, New York merchant bank the Raine Group is set to select a preferred bidder in the ongoing race to buy the club.

However, the American faces competition from two other bids, one led by former Liverpool chairman Sir Martin Broughton and the other by Boston Celtics co-owner Steve Pagliuca.

The Ricketts family, who own baseball franchise Chicago Cubs, were also in the race until a dramatic u-turn saw them withdraw their bid.

Roman Abramovich put the Blues up for sale on March 2, amid the ongoing conflict in Ukraine.

The Russian-Israeli billionaire was also sanctioned by the British Government, with Downing Street claiming to have evidence of the owner's links to Russian president, Vladimir Putin.

READ MORE: Chelsea news: Who are the remaining three bidders in the race to buy the Premier League club?