Chelsea

Chelsea takeover: Boehly-Goldstein-Wyss consortium emerges as frontrunner

Krishan Davis
British property tycoon Jonathan Goldstein is the third member of the consortium
British property tycoon Jonathan Goldstein is the third member of the consortium / Michael Kovac/GettyImages
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A consortium led by American billionaire Todd Boehly and British entrepreneur Jonathan Goldstein has emerged as the frontrunner to complete a takeover of Chelsea FC.

Current owner Roman Abramovich put the club up for sale on 2 March before sanctions were imposed on him by the UK government following Russia's invasion of neighbouring Ukraine - a result of his alleged links to the Kremlin and president Vladimir Putin.

Chelsea are now effectively under a transfer embargo, new contracts cannot be offered and tickets cannot be sold with the Russian-Israeli unable to make money in the UK.

However, the sale of the club can still be negotiated with a special licence, although the government has assumed control of the transaction and will have a say in which offer is selected, with Abramovich unable to profit.

London-based property tycoon Goldstein was revealed to be the third member of a consortium including Boehly and Swiss billionaire Hansjorg Wyss over the weekend, and according to The Times that group has emerged as the leading contender to complete a takeover at Stamford Bridge.

The consortium is said to be viewed as the most viable option by the Raine Group - the bank brokering negotiations - and government sources, as they have the financial resources and expertise to complete a deal swiftly.

Chelsea hope to obtain the licence that gives the government oversight of any deal this week.

British billionaire and Chelsea supporter Nick Candy remains in the running alongside a host of others including the Saudi Media Group, who have lodged a £2.7bn bid - although it would take some time for that particular consortium to pass the Premier League's ownership checks.

Meanwhile, 90min understands that a number of the potential new owners have contacted soon-to-be out of contract centre-back Antonio Rudiger to outline their desire to keep him at Stamford Bridge.


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