#Chelsea: Deadline Passes For New Owners To Submit Bids To Buy Club - #EmiratesFACup---The deadline for Chelsea’s potential new owners to submit their bid to buy the club has passed.
#Chelsea: Deadline Passes For New Owners To Submit Bids To Buy Club – #EmiratesFACup—The deadline for Chelsea’s potential new owners to submit their bid to buy the club has passed.
A New York-based merchant bank Raine Group was appointed to manage the sale and set a deadline of 9pm GMT this Friday for the final submission of bids.
Two or three preferred bids will then be identified and put forward.
It is understood that the total number of offers received is between 15 and 30.
Yesterday, London-based equity firm, Aethel Partners, became the latest bidder for Chelsea, submitting an offer in excess of £2bn.
Their offer includes an immediate £50m investment to prevent Chelsea from becoming insolvent.
Chelsea continues to operate under a strict license, after the UK government imposed several sanctions on its owner, Roman Abramovich, over his alleged ties to Russia President Vladimir Putin.
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