Investment group

London-based investment group Aethel Partners linked to £2bn takeover bid for Chelsea as Friday’s deadline approaches

London-based investment group Aethel Partners has made a £2bn offer for Clesea, according to reports.

The Telegraph’s Matt Law says the firm would have £50m ready to invest at the start of its ownership to ease the financial problems caused by UK government sanctions.

The club are currently unable to sell tickets for individual matches and it is unclear whether they are able to extend or renew the contracts of their current players or staff.

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Should they reach the transfer window with the club still in business, it is also unclear whether player sales and inbound transfers could continue.

Law reports that current manager Thomas Tuchel will receive financial backing and Stamford Bridge will be redeveloped, following current owner Roman Abramovich’s failure to move the club to Battersea.

Aethel Partners is described as a “global private equity, alternative asset management and financial services firm”, founded by Portuguese businessman Ricardo Santos Silva and American entrepreneur Aba Schubert in 204. Both would invest in technology and mining industries.

Aethel Partners aren’t the only group interested in the club, Todd Boehl, y Robert Johnson and the Ricketts family are said to be keen, with other billionaires and investment consortia swirling around.

Current owner Abramovich says the net proceeds from the sale will go to charitable causes to alleviate suffering in Ukraine, but it’s unclear what the ‘net proceeds’ would entail given the Russian’s loans to the club, totaling over £1 billion, and its purchase price of around £140 million.

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