Catalina Kim has announced her company has ended their association with Nick Candy after having their bid for Chelsea rejected.
Kim, head of South Korean company C&P Sports has announced her group has parted ways with British property developer Candy, with the intention of joining another consortium for the Chelsea takeover.
Kim announced on Friday that her group was advised to join with another consortium following their failure to progress with Candy, although it remains to be seen who that could be.
Kim said in a statement: "We, the group of C&P Sports, Hana Financial and other strategic investors from South Korea, were suggested to join another Consortium.
"We thank Mr Nick Candy for our journey and wish him the best luck for his future."
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