A consortium led by LA Dodgers part-owner Todd Boehly is set to lodge a formal offer to buy Chelsea in the coming days, sources have told ESPN.
Boehly is working with Swiss billionaire Hansjorg Wyss and at least one other businessman to submit an official proposal ahead of the March 15 deadline imposed by New-York based firm Raine Group who have been appointed to take care of the sale.
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Roman Abramovich announced his intention to sell Chelsea on Tuesday night amid escalating tensions between Russia and the West over the invasion of Ukraine.