Chelsea winning bid decided in three weeks' time

Football
28 Mar 2022 • 9:25 PM MYT
Tribal Football
Tribal Football

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The winning bid for Chelsea will be presented to the UK government in three weeks' time.

Sky Sports says there are four shortlisted bidders remaining in the process, and they will now be expected to submit detailed, costed plans for how they intend to expand Stamford Bridge.

Parties involved in the race have also recently received confirmation that they can increase their offers for the club, with merchant bank Raine, who are advising Chelsea with the sale, permitting improved bids.

After Roman Abramovich was sanctioned in the wake of the invasion of Ukraine, the government has prioritised a quick sale, largely due to the financial restrictions imposed on the Blues as a result of the situation involving their outgoing owner.

And it has now been revealed that the government may be approached to issue a licence to push through the sale during the week commencing April 18.

The same outlet says that a letter with information about the current developments was sent out to the four contenders, with the change of ownership at the club now creeping ever closer and set to be handed the green light by the end of next month.


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