July 17, 2024

Final Chelsea takeover bids to be tabled today

1 min read

Final Chelsea takeover bids to be tabled today with all four parties pledging to buy £2.75bn club in cash

The race to buy Chelsea will move a step closer on Thursday, with shortlisted bidders tabling their final offers.

All four parties claim to be putting forward cash-only bids that will not load debt onto the club.

The Ricketts family and the Todd Boehly-led consortium believed they had a potential edge in that regard yesterday, but The Times reported that the groups led by Sir Martin Broughton and Stephen Pagliuca also said they had raised the money to buy the club outright.

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That would mean takeovers by any of the groups would not involve the servicing of any debt, while the funding of a Stamford Bridge renovation is not be expected to be an issue.

A preferred bidder is expected to be confirmed next week after the submission of the final Chelsea takeover bids today.

Meanwhile, it is thought the winning bid could be as much as £2.75 billion.

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