Chelsea Bidders Given Final Deadline For Offers

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T1he four bidders looking to buy Chelsea Football Club have been given until next week to present their final bids to buy the club

The initial deadline to make improved offers was set for Monday, but it has now been pushed back by “a small number of days”.

The prospective buyers were informed after the Blues lost 3-1 to Real Madrid on Wednesday, that they would need to submit binding takeover proposals before next week ends.

The bidding process is being overseen by American bank, Raine Group, who were appointed by Roman Abramovich.

Abramovich asked Raine to find buyers for Chelsea, before his assets were frozen by the UK Government in response to Russia’s invasion of Ukraine.

Raine Group has given extra time to the interested parties, in order to “give them a full and fair opportunity to adequately finalise the details of their proposals”.

The Raine Group are also waiting for clearance from the Premier League before presenting a preferred buyer to the UK government.

Oyinlola Awonuga
Oyinlola Awonugahttps://newdiplomatng.com
Oyinlola Awonuga is a trained journalist with skill-set and experience in content curation, content creation, and management across various digital channels . Awonuga is passionate about Entertainment, Style, Fashion and Sports as niche specialties, and she is involved in consistent engagements on various social media platforms, with steady followers online. Her works have also received appreciable recognition from Media Career Development Network, and at her spare time, she monitors developments and reports on Internally Displaced Persons (IDPs) in Nigeria. She loves reading, tracking updates on Entertainment, Style and Sports, and staying abreast of global digital developments.

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