Exclusive: Consortium led by billionaires Todd Boehly and Hansjorg Wyss to bid for Chelsea by end of week
Boehly and Wyss plan to give Roman Abramovich a chance to make a swift sale as they try to jump to front of queue of potential buyers
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Boehly and Wyss plan to give Roman Abramovich a chance to make a swift sale as they try to jump to front of queue of potential buyers
Roman Abramovich has been embroiled in court battles throughout the last 20 years, including allegations of blackmail, bribery and loan fraud, and is a close ally of Russian dictator Vladimir Putin.
One potential impact of Abramovich relinquishing control of Chelsea is that a proposed expansion of Stamford Bridge from its current 41,800-capacity to 60,000 may not now materialise.
Labour's Chris Bryant, using parliamentary privilege to avoid legal action, alleged the tycoon is selling his London home and an apartment because he is 'terrified of being sanctioned'.
MATT HUGHES AND SAMI MOKBEL: It is understood that the Russian is targeting American buyers as investment from China, the Far East and Eastern Europe has dried up.