Chelsea may be starting to see light at the end of the tunnel as a preferred bidder could be named by the end of the week.
The Raine Group, the New York merchant bank who are responsible for managing over £3bn worth of assets worldwide, were appointed to sell the Premier League club on behalf of Roman Abramovich, after his assets were frozen by the British government due to the Ukraine war. And according to New York Times, Raine Group are poised to name its preferred bidder 'as soon as this week.'
Fans who have known Abramovich to own the West London side since 2003 will now see a new group soon takeover their club. It has been reported that Raine Group will choose one of three groups backed by American investors, with each putting forward a multi-billion-dollar offer.