It appears full steam ahead in the Chelsea takeover process with the consortium led by Todd Boehly going through its period of exclusivity, having emerged as the favoured bid over other prospective owners in Martin Broughton and Stephen Pagliuca.
While there has been uncertainty over the status of Roman Ambraovich's loan to the club in recent days, there remains plenty of confidence that there will be no need to explore other options. Boehly and Clearlake are in a prime position to be the next owners of the Blues, and the expectation is that they will be able to complete the deal.
Nevertheless, Jim Ratcliffe and INEOS have attempted to play a role in the process with a late bid that missed deadlines to Raine Group for initial expression of interest and placing a firm bid. The owners of cycling team INEOS Grenadiers and Mercedes have heard little in response to their bid but have communicated with the government and the supporter's trust.
