FILE - Chelsea soccer club owner Roman Abramovich sits in his box before their English Premier League soccer match against Sunderland at Stamford Bridge stadium in London, Dec. 19, 2015. Chelsea owner Roman Abramovich has on Saturday, Feb. 26, 2022 suddenly handed over the âstewardship and careâ of the Premier League club to its charitable foundation trustees. The move came after a member of the British parliament called for the Russian billionaire to hand over the club in the wake of Russiaâs invasion of Ukraine. (AP Photo/Matt Dunham, File)
Parties interested in bidding for Chelsea before Friday’s deadline have been advised to submit a detailed background report on all investors amid the growing concerns over appropriate club ownership.
Those intent on making an offer ahead of the March 18 cut off are also being asked to file details of their motives for the club moving forward as they enter the official bidding process.
Sources close to the sale of the European champions say there are in the region of 200 interested parties.
New York-based merchant bank Raine are advising Chelsea on the sale, while Sportsmail understands the Blues director Marina Granovskaia is also offering interested groups guidance during the process.
Potential bidders have been provided a checklist of details they must submit with their offers, which parties are being advised should be made to Raine, the Premier League and the Government.
Bidders will be asked to supply a proof of funds letter, a full list of advisers, a business plan and a timescale for completion to accompany their offers.
Source: Dailymail.co.uk
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