Chelsea could have new owners by next week, according to reports privy to the club’s sale.
Current owner Roman Abramovich put the club up for sale following Russia’s attack on Ukraine, saying it is in the ‘best interest of the Club, the fans, the employees, as well as the Club’s sponsors and partners’.
The reports indicate the team handling the sale has received several bids, some near the £4 billion valuation by Abramovich.
Swiss billionaire Hansjorg Wyss and US billionaire Todd Boehly have confirmed they are interested in buying the London club, with a bid expected to be lodged by the end of the week.
Abramovich has been at the helm of the club for the past 19 years, seeing them through their most successful period in history.
During the time, Chelsea won all competitions, with the latest a FIFA Club World Cup, which they lifted in February.
His exit is sudden and has been catalysed by the recent attack of Russia on Ukraine, leading to talk of sanctions for the billionaire.
Net proceeds, according to Abramovich, will go to helping the victims of the war in Ukraine.