MX23RW : Wednesday, March 16 04:55:37| >> :120:10543:10543:

Todd Boehly 'ready to launch Chelsea takeover bid'

Todd Boehly 'ready to launch Chelsea takeover bid'
© Reuters
American billionaire Todd Boehly is fronting a consortium that is leading the race to buy Chelsea from departing owner Roman Abramovich, according to a report.

American billionaire Todd Boehly has put together a consortium that is leading the race to buy Chelsea from departing owner Roman Abramovich, according to a report.

The Premier League side was officially put up for sale by the Russian on Tuesday, with the billionaire potentially set to face sanctions from the UK government following Russia's invasion of Ukraine.

A host of potential bidders have been linked with a takeover of the Champions League holders as a result, with Abramovich valuing the club at around £3bn.

Boehly and his consortium are the latest to register an interest according to ESPN though, and the current Los Angeles Lakers and Los Angeles Dodgers part-owner is said to be leading the race.

After previously registering an interest in buying the club back in 2019 for around £2.2bn, the American, whose net worth is reportedly around £4.7bn, is looking at the possibility of returning with a similar offer.

Abramovich has owned Chelsea since 2003, and a deadline of March 15 has been set for any takeover bids to be submitted.

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General view of Chelsea's Stamford Bridge taken April 2018
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TeamPWDLFAGDPTS
1Manchester CityMan City29224368185070
2Liverpool28206273205366
3Chelsea28178357193859
4Arsenal26163743291451
5Manchester UnitedMan Utd2914874840850
6West Ham UnitedWest Ham29146948361248
7Wolverhampton WanderersWolves29144112923646
8Tottenham HotspurSpurs27143104235745
9Aston Villa28113144139236
10Southampton29811103645-935
11Crystal Palace2971393938134
12Leicester CityLeicester2696114045-533
13Brighton & Hove AlbionBrighton2871292634-833
14Newcastle UnitedNewcastle28710113248-1631
15Brentford2986153245-1330
16Leeds UnitedLeeds2968153165-3426
17Everton2664162847-1922
18Watford2964192955-2622
19Burnley27312122238-1621
20Norwich CityNorwich2945201863-4517

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