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Daily Mirror
Daily Mirror
Sport
Alan Smith

Chelsea had 250 takeover enquiries before settling on Todd Boehly to replace Roman Abramovich

Chelsea say that they received 250 enquiries from interested buyers when Roman Abramovich put the club up for sale in early March with a dozen of those leading to credible offers before news the new owners, led by American billionaire Todd Boehly, were put forward as the preferred bidders.

The takeover, which has cost the Boehly group an initial £2.5bn in addition to a legally binding commitment to make investments of £1.75bn in the club's infrastructure over the next decade, was completed over the weekend following a saga that took place under the cloud of government sanctions.

In a long statement outlining the sale after Boehly broke his silence, the existing board said: "The process was extremely thorough and completed on an accelerated timeline. Many described the proposed transaction as 'unprecedented', and it was. A transaction such as this would normally take nine months to a year to complete; we did it in less than three months.

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