The timeline for Roman Abramovich’s sale of Chelsea has become clearer after the bidding process was whittled down to four potential buyers .
Things have moved quickly in west London after Abramovich formally announced his intention to sell the club on March 2. After being inundated with interested parties, Raine Group, the US merchant bank tasked with overseeing the process, shortlisted four bids to progress to the next stage last week.
American Todd Boehly, who has joined forces with Swiss businessman Hansjorg Wyss, Chicago Cubs owners the Ricketts family, former Liverpool chairman Sir Martin Broughton, who has financial backing from Crystal Palace co-owners David Blitzer and Josh Harris and the expertise of Sebastian Coe, and Boston Celtics owner Stephen Pagliuca are the buyers still in the race.
