Chelsea Football Club remains up for sale and there is yet to be a purchase since current owner Roman Abramovich decided to put the Blues on the market.
But following a number of American business owners being linked with taking over the club as part of a consortium, the Saudi Media Group have now launched their own official bid as proceedings heat up.
Abramovich values the club at around £3 billion but the joint-stock company has now launched its own ambitious bid of £2.7bn in an attempt to become the new owners at Stamford Bridge.