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Football London
Football London
Sport
Danyal Khan

Chelsea sale: Saudi Media's doubtful bid 'confirmed' amid Todd Boehly's increased takeover offer

Saudi Media have had their bid to takeover Chelsea 'confirmed' after doubts emerged suggesting that their bid to become Roman Abramovich's successor in west London didn't come to fruition.

Now, with the 9pm deadline passed by on Friday, the Raine Group are in the process of deciding which offers they will shortlist with the official decision expected to be made by Monday. It is understood that all of Todd Boehly's consortium, Nick Candy's consortium and the Ricketts Family's partnership had submitted their offers in on time, along with many others.

However, the initial feeling after the deadline passed by on Saturday March 19 was that Bohely's group were somewhat in the driving seat in this takeover race due to the part-owner of the LA Dodgers upping his offer amid the increased competition from competitors who were willing to move closer to the £3billion valuation of the club. What wasn't known for sure was just what happened with the Saudi Media bid that was talked up all week as the richest offer.

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