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The UK Government has reiterated their May 31 deadline to Chelsea as Secretary of State for Digital, Culture, Media and Sport Nadine Dorries has insisted that the Blues are on 'borrowed time' regarding making their decision on who the future owners of the club will be.
Speaking to the BBC recently, Dorries said: "There is a very short window left for that sale to take place. Chelsea's being sold, as you know, and the sanctions apply, so those sanctions still apply during the sale. But what I will say, actually, is that Chelsea is very much on borrowed time at the moment." And when asked how quickly a sale would need to be completed, she answered “within weeks”.
LA Dodgers' part-owner Todd Boehly appears to have seen off the likes of Stephen Pagliuca and Sir Martin Broughton after reportedly being named as preferred bidder, despite a last-minute battle against Britain's richest man Jim Ratcliffe to fight off, who confirmed his interest on Friday.
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A statement from Ineos read: "Sir Jim Ratcliffe, Chairman of INEOS, has made a formal bid for Chelsea