Sports

Bids for Chelsea ends

By Oviri Kelvin

As the deadline for bids for Chelsea ended Friday, by 4:00 pm (WAT), several interested bidders have already tendered their bids, and others are seeking more time to join the queue.

There are over 20 interested bidders with about 10 to 15 bids already tendered and other known interests expected to tender theirs within the weekend if their pleas are granted The Trumpet gathered.

However, after the bids have all ended, the American Investment firm, Raine Group, which is in charge of the sale, will by next week announce the numbers of bidders while the successful bidder will eventually need the government’s approval.

The sale will also be subjected to the Premier League owners’ and director test attestations. The director test is the fit and proper person’s test.

According to reports by the British media, the potential bidders for the club are Aethel Partners, headed by Portuguese entrepreneur Ricardo Silva; Turkish billionaire Muhsin Bayrak; A consortium formed by Swiss billionaire Hansjorg Wyss, US businessman Todd Boehly, Barbara Charone, and British journalist Daniel Finkelstein.

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Also among the bidders are the Ricketts family; a consortium led by ex-Liverpool chairman Sir Martin Broughton, and chief Lord Coe; British multi-millionaire businessman Nick Candy; billionaire Josh Harris who has a stake in Crystal Palace, New York Jets owner Woody Johnson, and a Saudi Arabia-based consortium.

The West London club has been valued at £3billion with Abramovich proposing to donate the proceeds to the victims of the Ukrainian war.

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