Chelsea New Owner: Todd Boehly on course to become NEW CHELSEA OWNER in a £3.5bn deal despite last-minute attempt by Sir Jim Ratcliffe’s bid

Chelsea New Owner: Todd Boehly to become NEW CHELSEA OWNER – Todd Boehly is on course to become the new Chelsea owner in a £3.5bn deal as Raine selects his consortium as preferred bidder despite a last-gasp hijack attempt from Britain’s richest man Sir Jim Ratcliffe. Follow Premier League updates on InsideSport.IN

Chelsea New Owner: Todd Boehly on course to become NEW CHELSEA OWNER in a £3.5bn deal despite last-minute attempt by Sir Jim Ratcliffe’s bid

• Todd Boehly’s consortium is poised to be selected as preferred Chelsea bidder
• US businessman Steve Pagliuca has been informed his group is out of the race 
• Sources indicated that Sir Martin Broughton’s consortium were unsuccessful
• Sir Jim Ratcliffe’s made a shock last-gasp attempt to hijack the bidding process

#Breaking: Hansjörg Wyss and Todd Boehly have won the race to buy Chelsea in a deal worth over £3.5billion, despite a dramatic late hijack attempt from Britain’s richest man Sir Jim Ratcliffe. @ChelseaFC @Blickch pic.twitter.com/9qcWESSVWJ

— Nicola Imfeld (@nicola_imfeld) April 29, 2022

Chelsea New Owner: Todd Boehly on course to become NEW CHELSEA OWNER

American tycoon Todd Boehly is on course to become new Chelsea owner following a dramatic day that saw Britain’s richest man Sir Jim Ratcliffe make a shock last-gasp attempt to hijack the bidding process.

Boehly’s group has won the race to be named as the preferred bidder for the Stamford Bridge club after Raine – the New York-based bank facilitating the sale – and Chelsea gave them the green light to close a deal understood to be worth £3.5billion.

Chelsea New Owner: Todd Boehly on course to become NEW CHELSEA OWNER in a £3.5bn deal despite last-minute attempt by Sir Jim Ratcliffe’s bid

The news comes after Sportsmail revealed on Friday that Boehly’s consortium – that also includes Swiss billionaire Hansjorg Wyss – was leading the race heading into the process’ closing stages.

All that is left now is for the American-Swiss consortium to be officially confirmed as preferred bidders – but that is said to be a formality.

Chelsea New Owner: Todd Boehly on course to become NEW CHELSEA OWNER in a £3.5bn deal

A statement read: ‘This is a British bid, for a British club. We believe that a club is bigger than its owners who are temporary custodians of a great tradition. With responsibility to the fans and the community.’

‘We will invest in Stamford Bridge to make it a world-class stadium, befitting of Chelsea FC. This will be organic and on-going so that we will not move away from the home of Chelsea and risk losing the support of loyal fans.’

Chelsea New Owner: Todd Boehly on course to become NEW CHELSEA OWNER in a £3.5bn deal despite last-minute attempt by Sir Jim Ratcliffe’s bid

‘We will continue to invest in the team to ensure we have a first class squad of the world’s greatest players, coaches and support staff, in the men’s and women’s games.

‘And we hope to continue to invest in the academy to provide opportunity for talented youngsters to develop into first class players.’ SOURCE – DAILYMAIL

Chelsea New Owner: Todd Boehly on course to become NEW CHELSEA OWNER in a £3.5bn deal despite last-minute attempt by Sir Jim Ratcliffe’s bid

Follow InsideSport on GOOGLE NEWS