London-based investment group Aethel Partners linked with £2 billion takeover bid for Chelsea as Friday deadline looms

London investment group Aethel Partners have made a £2 billion bid for Clesea, according to reports. The Telegraph’s Matt Law claims that the firm would have £50m ready to invest at the start of their ownership to ease financial problems caused by the sanctions imposed by the UK government.

Ad/> The club cannot currently sell tickets to individual fixtures and it is not clear if they are in a position to extend or renew the contracts of their current players or staff. TransfersTuchel tops Man Utd's five-man managerial shortlist — Paper Round17 HOURS AGO Should they reach the transfer window with the club still running, it is also murky over whether player sales and inbound transfers could go ahead.

Law reports that current manager Thomas Tuchel would be given financial support, and Stamford Bridge would be redeveloped, following the failure of current owner Roman Abramovich to relocate the club to Battersea. /> Aethel Partners is described as a ‘global private equity, alternative asset management and financial services firm,’ found by Portuguese businessman Ricardo Santos Silva and American entrepreneur Aba Schubert in 204.

Both are said to invest in technology and mining industries. Southgate names Guehi in England squad, no Rashford or Sancho As Sevilla look to kickstart another Europa League run, final step remains elusive 'We've got big competition for places' Southgate explains Rashford and Sancho England omissions Aethel Partners are not the only group with an interest in the club, with Todd Boehl,y Robert Johnson and the Ricketts family reportedly keen, with other billionaires and investment consortiums circling.