A NEW bidder with ties to UFC superstar Conor McGregor has made an offer to buy Chelsea from Roman Abramovich.
Accordingly Sky newsEmpowerment IP has made a revised £3.1 billion offer to Raine Group LLC, a New York-based investment bank responsible for finding a buyer.
Interested parties were informed last Friday that the deadline for submitting their bids had expired Chelsea but the rights monetization firm, headed by sports financier Stephen Duval, has made its proposal “in the last few days”.
Of that sum, £1bn is to be offered to buy the Blues’ share capital, while the other £2.1bn will be used for investments in Stamford Bridge, players and the academy.
Empowerment also included a fan bond that would tie itself to West London supporters, who own no less than 25 per cent of the shares.
Duval’s sudden interest may be the reason for Raine’s delay in naming the preferred buyer shortlist that does not include Saudi media.
However, there are no reports that the Notorious have attempted to buy the reigning European champions before the deadline.
the ufc Paradigm Sports, star’s management company, worked with McGregor Sports & Entertainment and Empowerment IP Capital.
Chelsea are now expected to decide on a shortlist of four candidates who will be invited to submit improved final bids.
The club is expected to select the preferred bidder as early as the second week of April.
Chelsea and Raine are then approved by the UK Government to allow for a sale before undergoing the Premier League’s final ownership and directors test to seal a takeover.
Abramovich decided to sell the club after being hit with sanctions by the government over Russia’s unjust invasion of Ukraine and its alleged ties to controversial President Vladimir Putin.
https://www.thesun.co.uk/sport/18056299/chelsea-conor-mcgregor-ufc-roman-abramovich/ New bidder for Chelsea takeover with ties to Conor McGregor emerges with £3.1bn bid to buy club