John Terry's True Blues consortium holds positive talks with bidders over possible Chelsea stake

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The fan-led group co-founded by Chelsea legend John Terry are reportedly in 'positive talks' with two of the shortlisted bidders about buying a 10 per cent stake in the west London-based club.

As reported by Sky Sports, the True Blues consortium has approached three of the four consortia looking to take over from Roman Abramovich as owner of Chelsea.

The report adds that Sandford Loudon, a partner at Oakvale Capital and True Blues consortium representative, said on Wednesday that he anticipated sufficient demand to acquire a 10 per cent shareholding in Chelsea if it was sold at a £2.5bn valuation.

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"Thousands of supporters and dedicated fans have contributed over £100m to True Blues," he said. "We're having positive discussions with the two leading bidders and the bank in charge of the transaction, and our primary goal is to ensure that Chelsea fans have a voice during these