Chelsea could get themselves a new owner by the end of April
According to Sky Sports, Chelsea could have a new owner by the end of April. A letter has been sent to the four remaining contenders and the Government could be approached to issue a licence that would enable the sale of the club close to 18th April.
There has been a lot of uncertainty looming around the Blues for a while and the sanctions have put us in a precarious situation. The supporters can now breathe a sigh of relief as things and the club will hopefully be able to focus on footballing factors rather than having to worry about how they would survive on a day-to-day basis.
Four names have been shortlisted and it is stated that 11th April is the last day for the final bids of the club. The Raine Group has also made it clear that the new owners should commit at least £1billion to future investment in the club. The additional funding must be made available for the Stamford Bridge stadium, playing squad, and other areas of development.
This could go a long way in giving us some reassurance as former owner Roman Abramovich invested a significant amount in the club, helping to pave the way for a greater future ever since taking over the club in 2003. Sir Martin Broughton, Todd Boehly, the Ricketts family, and Stephen Pagliuca are the remaining four contenders in the race to purchase Chelsea.
And then there were four
This decision could have a substantial impact on where the club may be headed in the future. Chelsea gained unprecedented success under Abramovich getting their hands on a plethora of titles. Thomas Tuchel has helped pivot the club into a greater position and has largely managed to achieve great success with a huge squad despite injury scares.
It would be interesting to see how our new owners take to the German manager who has stuck by our side through thick and thin. Not only has he been a resolute figure but has also managed to snatch one victory after another in the midst of all the chaos and turmoil.
All the proceeds from the sale are to be used for a Ukrainian war victims charity. Raine group is thought to be checking all interested parties on different criteria such as level of equity and debt funding, price, future investment commitments, speed, and certainty of execution.
The games will be coming thick and fast as we head into the business end of the season and our fanbase will be hoping that we can add to our trophy tally before the end of the campaign. The year started on a pretty successful note as we bagged our first-ever FIFA Club World Cup in February.
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We have some very important games coming up including the quarter-final of the Champions League tie against Real Madrid very soon. This news could possibly help settle the nerves of some of the players and staff within the club who would have some very genuine concerns about their future.