Chelsea’s imminent sale could reportedly break the record for the highest price ever paid for a sports club or franchise.
According to The Athletic, most football finance experts were predicting a takeover to cost around £2billion following Roman Abramovich’s government sanctions.
It is understood that potential buyers, with more than 20 interested parties, may need to cough up closer to £3billion to complete a successful bid, though.
As a result, the report explains Chelsea’s eventual takeover could be the most expensive in sporting history. It could eclipse the £2.5billion paid for NBA’s Brooklyn Nets and the Barclays Center home arena a few years ago.
In addition, The Athletic explains that progress will soon be made on the decision process to select the next ownership.
The Raine Group, who are the US bank facilitating the takeover, will decide a shortlist of just three or four by the end of the week. Afterwards, potential buyers will get another chance to improve their offers before a final decision is made by the second week of April.
Chelsea may break record
For context, the possibility that Chelsea may be sold for a record breaking sum shows the stunning progress made by the club during the past couple of decades under current owner Roman Abramovich.
It’s time for a new chapter at Stamford Bridge, though.
Reports seem to suggest by mid-April the patient fanbase will get to learn some more about the future stewardship.
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