Who will buy Chelsea? Takeover latest as potential new owners table bids to succeed Roman Abramovich

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Chelsea are braced for a new era with the Roman Abramovich era set to end amid a flurry of bids to buy the European and world champions.

After sanctions against the Russian oligarch, including the freezing of his assets, the UK government are now overseeing the move which will bring a close to one of the most successful periods in world football history following his takeover of the club in 2003.

Initially handing over stewardship of the club in the wake of Russia’s invasion of the Ukraine, Abramovich stated that he would be selling the club as it was in “the best interest of the fans, employees, sponsors and partners”.

A statement from Abramovich continued: “I have instructed my team to set up a charitable foundation where all net proceeds from the sale will be donated. The foundation will be for the benefit of all