Get all your news in one place.
100's of premium titles.
One app.
Start reading
Football London
Football London
Sport
Bobby Vincent

Todd Boehly provides Raine with 'proof' that may hand consortium huge boost in Chelsea takeover

Todd Boehly has reportedly provided Raine Group 'proof' that his consortium could complete a takeover of Chelsea Football Club before the side's next Premier League match with Brentford in two weeks' time. Friday evening is the deadline for interested parties to submit their final bids.

According to the Telegraph, Boehly's consortium have made it clear to Raine, the organisation in charge of the bidding process of the west London club, that they have everything in place to complete the takeover before April 2's clash with Brentford. It's understood that Boehly's bid is between £2billion and £2.5billion.

Raine have already warned interested investors that their first offer could be their final one, with the group keen to get the process completed as soon as possible. The UK government would need to give the go-ahead to any offer, but the report claims that Boehly is confident he could get their approval as well as the Premier League's.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.