Nick Candy has 'significantly' increased his bid to buy Chelsea, a spokesperson for the British property tycoon confirmed.
Chelsea fan Candy has secured further funding through another South Korean financial backer, allowing the 49-year-old to submit an improved offer for the Stamford Bridge club.
Candy added South Korean investors Hana Financial Group and C&P Sports Group to the bid he submitted to New York bank Raine Group on Friday.
But the London billionaire has now further strengthened his hand, in the hope of pushing onto the shortlist of preferred bids being compiled by Raine.