What you need to know about the Chelsea takeover

“The Saudi bid of £2.7bn lodged at the start of the week was one of the first to go in and is expected to be the biggest.”

“The Premier League would take a close interest if Saudi Media Group emerge as preferred bidders for Chelsea, which could derail the timetable of the takeover given they took 17 weeks to sign off on the Newcastle sale.”

“Raine Group, who are advising Chelsea with the sale, will call time on the bidding period at 5pm US time and start the process of whittling down the offers to a shortlist. Sources claim the shortlist will feature a maximum of four bids.”

🔗 Sami Mokbel – Daily Mail

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