All four bidders cleared to buy Chelsea

Football
11 Apr 2022 • 10:42 PM MYT
Tribal Football
Tribal Football

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The UK government will grant Chelsea's sale to any of the four shortlisted bidders.

The remaining contenders to buy Chelsea must submit final offers for the Stamford Bridge club on April 14.

New York merchant bank the Raine Group will then hope to present a preferred bidder to Downing Street in the week of April 18.

The Government must approve the eventual buyer, with the issuing of a new Treasury licence for the sale the final hurdle for Chelsea's would-be new owners.

And sources close to the Government have revealed Downing Street's satisfaction in principle with all remaining parties in the battle to buy the Blues from Roman Abramovich, reports PA Sport.

Chelsea's eventual new owners will have to satisfy the Premier League's owners' and directors' tests before the Government would be due to ratify the work done by Raine Group in examining the suitability of their preferred bidder.


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