EXCLUSIVE: TWO HUNDRED investors interested in buying £3bn Chelsea must make CASH offers, guarantee jobs of club staff and reveal their MOTIVE for wanting to buy Blues by Friday’s deadline
- Sources close to the sale say there are in the region of 200 interested parties
- New York-based merchant bank Raine are advising Chelsea on the sale
- Sportsmail understands the Blues director Marina Granovskaia is also offering interested groups guidance during the process
- Interested parties will have to show their motivations for sale and business plan, a cash bid of close to £3bn, a list of advisors and time to completion on the sale
Parties interested in bidding for Chelsea before Friday’s deadline have been advised to submit a detailed background report on all investors amid the growing concerns over appropriate club ownership.
Those intent on making an offer ahead of the March 18 cut off are also being asked to file details of their motives for the club moving forward as they enter the official bidding process.
Sources close to the sale of the European champions say there are in the region of 200 interested parties.
New York-based merchant bank Raine are advising Chelsea on the sale, while Sportsmail understands the Blues director Marina Granovskaia is also offering interested groups guidance during the process.
Potential bidders have been provided a checklist of details they must submit with their offers, which parties are being advised should be made to Raine, the Premier League and the Government.
Bidders will be asked to supply a proof of funds letter, a full list of advisers, a business plan and a timescale for completion to accompany their offers.
Parties interested in bidding for Chelsea before Friday’s deadline (like British property tycoon Nick Candy, left) have been advised to submit a detailed background report on all investors
Sources close to the sale of Chelsea say there are in the region of 200 interested parties
Blues director Marina Granovskaia (left, with technical advisor Petr Cech) is also offering interested groups guidance during the process
What Chelsea now can and can’t do following sanctions on Abramovich
- Play all their matches, home and away;
- Pay the salaries of players and staff;
- Provide stewards, security and food and drink for fans;
- Receive TV broadcasting revenues;
- Club sale could potentially still go ahead, as long as Abramovich does not benefit financially.
- Sell tickets to home or away fans – only existing ticket holders will be allowed to attend;
- Agree any new transfers or contracts;
- Sell merchandise at the stadium or online;
- Spend more than £20,000 on away travel.
But, intriguingly, potential buyers are also being asked to provide their motivations for the offer and a detailed report on the background of all the investors amid a growing focus on the issue of suitable club ownership in the Premier League.
Buyers are also advised that a cash offer – and being the highest bidder – will be crucial, however other well-placed sources insist that any consortium or individual’s ability to preserve employment at all levels at the club and fulfil their existing financial obligations will also be a key factor when deciding which bid is successful.
The issue of appropriate club ownership have been thrust back into spotlight in recent weeks.
There remains major objection at the Saudi takeover at Newcastle given the worrying human rights record in the Islamic state.
Similarly, the Government’s decision to sanction Chelsea owner Roman Abramovich over his connections with the Vladimir Putin regime in Russia that has caused such devastation in Ukraine has left the club in complete turmoil.
Having effectively stripped Abramovich of his control at Stamford Bridge, the Government have taken charge of the sale of Chelsea and will play a lead role in deciding which offer is selected as the preferred one after Friday’s deadline.
And it appears they, along with the Premier League, are taking the issue of appropriate ownership seriously as they look to comply as much information as possible on individuals involved in any takeover and their intentions for the future of the club.
The news comes after Blues boss Thomas Tuchel told the Premier League to clarify their owners and directors test amid the club’s pending sale.
Roman Abramovich has been disqualified as a director of Chelsea by the Premier League
Tuchel said: ‘At some point we have to trust the process, the process of the league to control who owns a club.
‘We are famous employees because we speak into a camera and on TV but in general we are only employees and need to trust the process.
‘Sometimes we need to ask questions of the process, how this goes. It’s maybe an ongoing process and it will never end and just reminds us to be aware and conscious about it and not look away.’