Turkish billionaire Mushin Bayrak has claimed he is “negotiating signatures” to complete the acquisition of Chelsea from Roman Abramovich.
Bayrak is chairman of construction and investment company AB Group Holding and has a reported net worth of more than £8billion, although that figure has yet to be confirmed.
Abramovich is believed to be holding out for a bid of around £3bn, having declared his intention to sell the club after 19 years at the helm.
