Chelsea risk falling into a similar trap to the one Manchester United have been the victims of under the ownership of the Glazers as Nick Candy and Todd Boehly's consortium continues to attempt to complete a takeover of the Blues. The British property tycoon is one of numerous parties who are interested in taking over the club from Roman Abramovich, who was sanctioned by the UK government last week.
Candy has already met with Chelsea chiefs Marina Granovskaia and Bruce Buck over the possible purchase of the football club, according to Goal. The Daily Mail add that the 49-year-old is working on a bid, which includes plans for a £1.5bn rebuild of Stamford Bridge, to be submitted by the end of the week.
Candy has been in discussion with a number of American investors, including Boehly, about the possibility of establishing a consortium to launch a formal bid, which is expected to be in excess of £2bn. Chelsea are the subject of a rival offer from Saudi Media too ahead of a deadline this Friday for offers and UK Prime Minister Boris Johnson's comments on the relations between this country and the Middle East have added fuel to the idea of them gazumping Candy.
