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Football London
Football London
Sport
Danyal Khan & Louie Chandler

Chelsea sale: Steve Pagliuca makes significant move in attempt to increase chances of takeover

Private equity billionaire Steve Pagliuca is in talks with co-investors as he looks to strengthen his bid for the ownership of Chelsea ahead of next week's final deadline.

Pagliuca made it to the second round of bidding alongside Todd Boehly's consortium; the Ricketts family bid; and another consortium fronted by Sir Martin Broughton. The next deadline for final offers falls on Monday, April 11 with the aim being to present the winning offer to the government for approval in the week beginning April 18.

One of the figures Pagliuca has approached for help is former Walt Disney chief Bob Iger, according to a report from Sky News. Iger's predecessor, Michael Eisner, has already stepped into football ownership, having purchased Portsmouth in 2017.

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