The decision will arguably be the biggest in the history of Chelsea Football Club.
US bankers Raine set a deadline of Friday as D Day when they will accept bids from consortiums, billionaire tycoons and interested parties before selecting a preferred bidder.
Lifelong Chelsea fan Sebastian Coe, the mastermind behind the London 2012 Olympics, has paired up with Sir Martin Broughton and their consortium is certain to attract support from within Stamford Bridge.