All four Chelsea bidders intend to pay cash

15 Apr 2022 • 2:07 PM MYT
Tribal Football
Tribal Football

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All four bidders intend to pay in cash for Chelsea and do not intend to saddle the club with debt.

Steve Pagliuca's bid for the Blues will match the other three competing offers in having no debt, a source close to the Boston Celtics co-owner's consortium confirmed.

"We have been consistent throughout that this will be a credible and compelling bid," said a source close to Pagliuca's bid team to PA Sport.

The four shortlisted consortiums must submit their final offers on Thursday to the Raine Group.

The New York merchant bank will then select a preferred bidder, with Chelsea's sale still expected to be completed in May.

The Stamford Bridge club's sale could yet reach a sports franchise record £3billion.


FOUR SHORTLISTED BIDDERS

- Steve Pagliuca and Larry Tanenbaum

- Todd Boehly and Jonathan Goldstein

- Sir Martin Broughton and Lord Sebastian Coe

- Ricketts family


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