Chelsea sale: Boehly group the preferred bidder despite late Ratcliffe bid

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  • Consortium led by LA Dodgers co-owner sees off rivals
  • Ineos says Sir Jim Ratcliffe’s 11th-hour offer is worth £4.25bn

Todd Boehly’s consortium has been chosen as the preferred bidder in the race to buy Chelsea from Roman Abramovich, despite Sir Jim Ratcliffe announcing that he had made a late offer worth more than £4bn.

Sources around the process said on Friday that Boehly’s group had seen off competition from rival bidders. There has been no official confirmation from any of the parties involved in the sale but a decision is expected to be announced soon.

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Written by Jacob Steinberg
This news first appeared on https://www.theguardian.com/football/2022/apr/29/chelsea-sir-jim-ratcliffe-bid-to-buy-club-abramovich under the title “Chelsea sale: Boehly group the preferred bidder despite late Ratcliffe bid”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.