Chelsea have been up for sale since the beginning of this month but are without a buyer as the deadline for official bids passes.
Roman Abramovich ended up desperate to cut ties and cash in on the club after he faced sanctions from the UK Government due to his ties with Russia President Vladimir Putin in the wake of his country's invasion of Ukraine.
The oligarch failed to find a buyer before the sanctions came into play and as a result the sale of the club is being led by the US merchant bank Raine group alongside the British government.
