Chelsea preferred bidder Todd Boehly, along with his associates, are expected to inject the extra £500million requested by owner Roman Abramovich in a restructured deal for the club, according to reports. It comes as the Blues head towards their third month of uncertainty on the ownership front.
The debacle started in March, when Roman Abramovich announced his intention to sell the club after 19-years at the helm. The 55-year-old was then sanctioned by the UK Government shortly after Russia’s invasion of Ukraine, with his assets frozen and the club left to operate under a special sporting licence.
US Banking firm Raine were left in charge of overseeing any deal, with bids eventually slimmed down to the final three and now just the preferred bidder left, who has a period of exclusivity to get a deal over the line. That bidder has been named as Todd Boehly and his consortium.
