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Thursday, August 11, 2022

Raine Group set to Announce Potential Bidders for Chelsea Football Club

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A shortlist of four serious bids is expected to be announced by Raine Group this week as the bidding groups for Chelsea Football Club wait to find out their fates.

Some bidders have spent the past few days lying low, confident in their submissions. Some have spent them making the media rounds. Some have been trying to engage in conversations with key stakeholders.

Read Also: Race to buy Chelsea football club heats up

Chelsea Football Club

By “Thursday lunch”, they will all have heard back whether their attempts have had the intended effect, whether they have the right combination of finances, planning, connections, and optics to make Chelsea “comfortable” in choosing them as the next stewards of the club.

The frontrunners seem to be the Boehly-Wyss group, the Ricketts bid, the Saudi Media Group, and the consortium led by Sir Martin Broughton. Nick Candy’s bid appears to be scrambling hard at the very least, though a deleted post on Instagram earlier today from (supposedly) one of the financing partners appeared to hint at their bid being unsuccessful already.

The final four shortlist may look very different still. Fortunately, it sounds like we won’t have to wait too long to find out.

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