London-based global equity firm Aethel Partners are set to make an 11th-hour bid exceeding £2billion to buy Chelsea from Roman Abramovich, according to reports.
Abramovich has been forced to put the Blues up for sale after the UK Government froze his assets last week due to his link to Russian president Vladimir Putin.
Sanctions imposed on the Russian oligarch have left Chelsea in limbo, with the club unable to buy or sell players, renew contracts or sell tickets and merchandise.
A sale is required urgently to prevent them from going bust, which Abramovich has agreed to despite his Government sanctions preventing him from receiving any of the proceeds.