After putting the club up for sale, Chelsea owner Roman Abramovich is allegedly evaluating the first bid from US billionaire Todd Boehly.
The initial bid for Chelsea from Abramovich has been made by Boehly.
According to the Telegraph, the LA Dodgers co-owner is leading a group that includes Swiss billionaire Hansjorg Wyss, and they have officially presented his bid to Raine Group, a New York-based merchant bank.
Raine Group is handling the sale of Chelsea on behalf of Abramovich.
Abramovich wants to sell his interests in the United Kingdom before any penalties are implemented in response to Russia’s invasion of Ukraine.
Last week, the 55-year-old confirmed that after 19 years at the helm, he would look to sell Chelsea, claiming that his decision is in “the best interest” of the West London club.
The Russian billionaire is looking for around £3 billion and it is understood there are around ten parties interested in making a bid.
The report added that Boehly and the consortium are yet to hear a response from Abramovich, having hoped to skip the queue by getting in an early offer.
Boehly has a reported net worth of £4.7bn, while Wyss is worth around £3.8bn, meaning the pair would have little issue in raising the kind of capital required to purchase Chelsea from Abramovich.
Discussion about this post