Nick Candy now reportedly has the resources to invest millions into the Chelsea side if his bid for the club is successful.
49-year-old British businessman Candy, whose current offer to buy Chelsea is largely financed by South Korea, has now been strengthened even further.
According to Sky News, US-based investors Elliott Management have joined together as part of Candy’s consortium.
The report explains Elliott Management have agreed to put a “multimillion pound sum” into the Chelsea team if Candy’s takeover bid wins. As a result, they’ll own a small stake in the London club.
Investment firm Elliott Management are current owners of Italian giants AC Milan. However, their potential stake in the Blues will be small enough not to cause a problem in relation to dual club ownership.
Chelsea fans want willing investors
It’s a big tick against your name as a Chelsea bidder if your plans to buy the club includes serious investment into the side.
Blues manager Thomas Tuchel must be backed in the transfer market, which means giving him the transfer funds to build the squad the way he wants. Undoubtedly, he’s showing he’s someone that deserves a long-term spell in charge of the club given his impact on the touchline in just over a year.
It looks like there may be some notable exits at the end of the season when the contracts of senior players runs out, so there may not be time to waste for the new ownership.
Keep up to date with all the latest Chelsea news and opinion by following The Chelsea Chronicle’s Facebook and Twitter accounts.
Receive a digest of our best Chelsea content each week direct to your mailbox
