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Evening Standard
Evening Standard
Sport
James Robson

Chelsea takeover: Shortlisted bidders told sale could go through by the end of April

Raine Group have told shortlisted bidders that the sale of Chelsea could be completed by the end of April.

Sir Martin Broughton and Todd Boehly have been informed that they will progress to the next stage after a host of other contenders were rejected.

The Ricketts family were still awaiting confirmation, but remain confident they will join that shortlist.

Information about the next stage will come over the weekend, with bidders granted access to the “data room” which will give them an insight into Chelsea’s full financial situation, including an up-to-the-minute wage bill.

Boehly and the Ricketts family have already carried out much of the due diligence required after unsuccessful attempts to buy out Roman Abramovich in the past.

Candidates will also get an opportunity to speak to key figures at Chelsea, including Marina Granovskaia, chief executive Guy Lawrence and even Thomas Tuchel if desired.

It is understood bids will be considered by Raine, along with Chelsea chairman, Bruce Buck, board member, Eugene Tenenbaum and Granovskaia before being forwarded to the Government.

The Premier League will then have to carry out a fit and proper persons test.

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