June 14, 2024

Chelsea four Bidders given extension to make final offers

2 min read

Chelsea four Bidders vying to buy Chelsea have given an extension to make their final offers

Todd Boehly, Sir Martin Broughton, the Ricketts’ family and Stephen Pagliuca all remain in the running, having submitted preliminary proposals to the group handling the sale, Raine, last month.

Now, Sky News reported that Raine have informed the Chelsea four Bidders that they will have extra time to finalise their offers.

The deadline has been pushed to allow the bidders to be 100% certain of their proposal, given this is the biggest auction in sports history.

The process could be dragged out even further.

Raine Group are considering delaying their recommendation to the UK government until all four bidders have received clearance from the Premier League.

League officials have been evaluating each bid since the final shortlist of offers was confirmed, but running checks on all four offers could see the process extend well into May.

The Ricketts family have been working hard to improve their public image amid a wave of backlash from Chelsea fans relating to racist comments made by Joe Ricketts in the past.

Laura Ricketts met with the Chelsea Supporters Trust again on Thursday to stress her desire to build an inclusive team.

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