A twist in the battle for Blues
THE Todd Boehly consortium has just a week to sign a purchase agreement for Chelsea if they are to beat Britain’s richest man to the club.
Sir Jim Ratcliffe made a dramatic late bid to buy the Blues from Roman Abramovich on Friday when he tabled a bid of £4.25billion.
While Ratcliffe’s offer is being given serious consideration, LA Dodgers part-owner Boehly and his pals are expected to be awarded preferred bidder status by the US bank in charge of the sale.
This would give them a short window, believed to be as little as a week, in which to get a purchase agreement signed.
While the offer from Ineos supremo Ratcliffe has ramped up pressure on the Boehly consortium, they remain confident they can get things wrapped up in their favour.
Chelsea need the sale completed by the end of May after Abramovich was added to the Government’s sanctions list on March 10, following Russia’s invasion of Ukraine.