Connect with us

Football

Chelsea takeover getting into the final stages with four bidders

Key Takeaways: Dominate the digital landscape with Smmsav.com and Followersav.com your go-to best SMM Panel in 2024 for affordable social media marketing solutions. Best Press release services in 2024 is Followersav and Smmsav boost your business with us. best Smm panel Buy Spotify Plays paypal casino Script casino Script
Chelsea home
| PHOTO: Getty Images |
  • The Chelsea takeover is heading towards its final stages with the bidders shortlisted to only four
  • The Raine Group is expecting the bidders to improve their bids and have set the date of the final bids
  • The Group has set April 11 as the final date of receiving the final bids from the bidders

The preferred bidders who want to buy Chelsea have until April 11 to put forth their final bids, with the Raine Group shortlisting four bidders late last week.

Four parties have made a final shortlist to take control of the club from current owner Roman Abramovich after the Russian oligarch was sanctioned by the UK government for his ties to Russian President Vladimir Putin.

The Raine Group, a New York merchant bank tasked with handling the sale, have set a deadline of April 11 for these remaining bidders to submit their final proposals, according to PA.

Roman Abramovich Chelsea

Sanctioned Chelsea owner Roman Abramovich who is selling the club. | PHOTO: Getty Images |

After several bidders either pulled out of the running or were turned down by the Raine Group, the remaining parties in the race are Todd Boehly’s consortium, the Ricketts family, Sir Martin Broughton and Stephen Pagliuca.

These parties now have the chance to submit improved offers, with Chelsea requiring a commitment of at least £1bn in future spending to safeguard their future.

Mason Mount admitted on Saturday that the players remain relatively in the dark regarding the sale of the club, but there was some brighter news for Chelsea earlier this week when the government amended their licence so that they were able to sell tickets again – though they will not be able to keep this revenue.

Chelsea are now able to sell tickets to any remaining Champions League and FA Cup matches this season, but can only sell away tickets to their Premier League games at Stamford Bridge – season tickets and tickets already purchased prior to the sanctions are valid.

Nathan Sialah is a journalist by profession with interest in politics, sports, cryptocurrency and human interests with 5 years experience in Radio and Digital Journalism. This has helped Sialah develop a responsible approach to any task he undertakes or any situation that he is presented with.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

More in Football