The Premier League are said to be unlikely to block a Saudi Media bid to try and takeover Chelsea amid Boris Johnson's visit to the Middle Eastern country.
Prospective owners and consortiums are scrambling together to try and submit their last minute bids to the Raine Group before Friday's deadline, with reports stating that the process of appointing the new ownership structure could move quickly after the deadline passes. It is already well know that the likes of Todd Boehly, Nick Candy and many others are very interested in being Roman Abramovich's successor to the helm at Stamford Bridge but the biggest offer so far that is being touted around is the rumoured £2.7billion bid that Mohamed Al Khereiji's consortium are prepared to place.
The Ricketts Families consortium with Ken Griffin and the allegiance being formed between the likes of Lord Coe, Sir Martin Broughton and Michael Klein may have something to say about that, though, in the tussle between all interested parties. Al Khereiji himself has said that he has no direct involvement by the Saudi state, but earlier this week CBS Sports claimed that there is support in finding funding and partners (but not financial backing) from Mohammed bin Khalid Al Saud. Any direct involvement from Al Saud would lead to a conflict of interest that would not pass the Premier League's Owners' and Directors' Test because a group run by the Saudi state is already in charge at Newcastle United.
