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The remaining contenders to buy Chelsea FC have been told they must commit at least £1bn to future investment in the club if they are to succeed in the battle to end Roman Abramovich's two-decade tenure as owner of last season's Champions League-winners.
Boston Celtics owner Stephen Pagliuca's bid to take over Chelsea is one of four that has been shortlisted, along with bids from Todd Boehly and an American group fronted by Lord Coe.
Boston Celtics co-owner Stephen Pagliuca's bid to take over Chelsea is one of four revealed to have been shortlisted on Friday. He is now in direct competition with other US billionaires for the club.
Joe Ricketts, whose family wants to buy Chelsea, called Muslims ‘our enemy’ in an email and the anti-racism campaigner Paul Canoville has opposed the Americans’ bid
The race to buy Chelsea has gotten even more crowded after a new consortium announced their bid and made a pledge to the 'continued success' of the club.