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Chelsea bidders 'must commit £1bn to club'

Chelsea bidders 'must commit £1bn to club'
© Reuters
The final bidders in the race to buy Chelsea are reportedly told that they must commit £1bn towards the infrastructure at the club.

The final candidates in the race to purchase Chelsea have reportedly been told that they must commit £1bn towards the infrastructure of the club.

Earlier this week, it was widely claimed that a shortlist of four bidders has been compiled by US merchant bank Raine Group, signalling the next stage of the process as Roman Abramovich looks to part ways with the West London outfit.

LA Dodgers part-owner Todd Boehly, the Ricketts Family of the Chicago Cubs, a consortium led by former Liverpool chairman Martin Broughton and Boston Celtics co-owner Stephen Pagliuca are all said to be in the running.

However, according to Sky Sports News, one of the conditions with regards to a successful bid relates to the infrastructure at the Premier League team.

The report claims that a "contractual guarantee" must be provided with regards to developments for 'Stamford Bridge stadium, playing squad and other areas of development'.

While the process will remain ongoing, fewer developments are expected in the short term as candidates make further assessments and meet key Chelsea figures, such as chairman Bruce Buck and head coach Thomas Tuchel.

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