It emerged on Friday Sir Jim Ratcliffe, Britain’s richest man, had tabled a last-minute £4.25billion bid to buy Chelsea; but the group headed by Boehly, the LA Dodgers part-owner, is advancing with its bid to takeover the Premier League club.
Todd Boehly’s consortium is to be named as the preferred bidder to buy Chelsea.
Read Also: Top football agent, Mino Raiola fighting for life in intensive care