Former Liverpool chairman Sir Martin Broughton is "the right man to lead Chelsea Football Club into its next chapter", according to Lord Sebastian Coe.
Lord Coe is to be a part of Broughton's consortium that is bidding to take over Chelsea following the sanctions against Roman Abramovich as a result of Russia's invasion of Ukraine and Abramovich's historical ties to Russian president Vladimir Putin.
The sanctions against Abramovich, who bankrolled Chelsea's rise to the top of English football after he took over in 2003, have hit the Stamford Bridge club and have cast serious doubt over the longer term future of the club if the sale of the club cannot be resolved swiftly. With Abramovich sanctioned and unable to profit from the sale of the club, it will be left in the hands of the UK Government to find an appropriate bidder.