Up to 10 parties are considering making bids for Chelsea, with investment bankers working on the sale expecting most of the interest to come from the USA, writes Kaveh Solhekol.
Russian, Chinese and Middle Eastern money has been behind the acquisition of many English clubs over the past two decades but everything has changed since the Chinese government’s crackdown on foreign investment and Russia’s invasion of Ukraine.
Instead, the majority of potential buyers of Chelsea, who will register their interest with investment bank The Raine Group, are expected to be based in the States.