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Chelsea takeover: What’s The Latest?

Chelsea takeover: What’s The Latest?

As reported by GOAL, Chelsea Football Club is set to change hands in 2022 for the first time since 2003, with Roman Abramovich preparing to bring a 19-year spell as Blues owner to a close after seeing sanctions imposed on him by the UK government.

So who has made it through?

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(Goal source) Boehly has made it through as part of a group of investors that includes Swiss billionaire Hansjorg Wyss and British entrepreneur Jonathan Goldstein.

Other bids that have made it through include one involving American private equity investor Stephen Pagliuca, co-owner of Atalanta.Information Guide Nigeria

The hugely unpopular Ricketts family, owners of the Chicago Cubs Major League Baseball franchise, are still in the mix after releasing a statement on Friday regarding fan concerns.

It is understood that six offers were lodged for the current holders of a prestigious Champions League crown, with GOAL learning on Thursday that the Saudi Media Group bid had been ruled out of contention.

Other Top Football News:

Blues supporter Nick Candy is another who has come up short, though both him and the Saudi Media Group would be keen to become minority stakeholders under new ownership.

All successful bids will be looked over in far greater detail before any final decision is made, with full background checks carried out before leading candidates are referred to the Premier League for their Owners’ and Directors’ Test.

Chelsea’s board, which features Marina Granovskaia, Bruce Buck, Eugene Tenenbaum and David Barnard, will ultimately decide who takes ownership of the club once Abramovich walks away, with Raine Group merely filling an advisory role.JAMB Result

The UK Government will be involved – with a special licence required in order for a sale to go through – but their main objective is to ensure that no money is made by Abramovich, with the proceeds of any deal set to go into a frozen bank account or be passed on to charity.

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Emediong Ekpe

Emediong Ekpe is a graduate of English. A professional Sports journalist/analyst, and a spoken word artist. He is passionate about decimating information and putting smiles on people's faces via news writing.

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