British property developer Nick Candy will attempt to submit a £2.5 billion bid to buy Chelsea Football Club by the end of this week.
Despite his proposed bid falling below Roman Abramovich ’s £3bn asking price for the club, the Daily Mail have reported that Candy’s plans to purchase the European champions also involve a £1.5bn rebuild of Stamford Bridge.
The lifelong Chelsea fan is currently in the process of negotiating with a number of American investors over forming a consortium to launch a formal bid for the club.