Todd Boehly has won the bidding war to buy Chelsea despite a very late bid by Sir Jim Ratcliffe according to reports. The Ricketts family-led consortium withdrew its bid.
Boehly had an official offer for Chelsea rejected in 2019 and has been determined to make a success of his candidacy this time around.
. The Telegraph reports that the US consortium headed by Boehly will be named as the preferred bidders in a deal worth 35billon even though Britains richest man Ratcliffe made a late attempt at the 11th-hour. Todd Boehly has teamed up with Swiss magnate Hansjorg Wyss and British businessman Jonathan Goldstein for one of the three remaining consortium bids to buy Chelsea. Ratcliffe made a 425bn bid on.
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