From there, the potential buyer will have to pass a test of Premier League owners and managers with CEO Richard Masters telling the recent Financial Times Business of Summit that the fastest process to complete is 10 days. If the process proceeds quickly and without sudden problems, the deal could be completed in time for the team’s penultimate home league game against Wolves on May 7. The four teams on the shortlist are led by Todd Boehly, a co-owner of the LA Dodgers. Sir Martin Broughton, former President of British Airways. the Ricketts family, owners of the Chicago Cubs. and a band led by Atalanta and Boston Celtics co-owner Stephen Pagliuca. READ MORE:Live Chelsea news amid speculation about Granovskaia and Rudiger Raine informed all four groups that they must commit at least 1 1 billion £ to invest in the racing team and the Stamford Bridge renovation. All four teams have experience managing high-profile teams, but there are questions about Broughton’s offer being backed by Crystal Palace minority owners Josh Harris and David Blitzer. They will have to give their share to the South London club to qualify for the Premier League test. Likewise, Pagliuca’s shares in Atalanta should be sold if the clubs meet at UEFA events. The Ricketts family, meanwhile, has faced calls for it to be ignored due to some troubling remarks made by family members, including Pete Ricketts last week who said he would try to make abortion illegal in Nebraska, where he is governor. As revealed by football.london, the government is unlikely to impose harsh conditions other than to ensure that Roman Abramovich will not receive money from a sale. This means that the decision to offer the club’s fans a “golden portion” or an additional representation will most likely be at the discretion of the new owners, although the Chelsea Supporters’ Trust is putting pressure on the teams and Westminster. Raine may prefer a team that is committed to giving fans an opinion with the New York-based bank making it clear that a bigger financial offer does not guarantee success. Read more related articles Read more related articles
