It was previously announced that the consortium, which also includes the investment company Clearlake Capital, the Swiss billionaire Hansjörg Wyss and the British real estate developer Jonathan Goldstein, has about 3 billion pounds (3.5 billion euros) for the football club, but The Telegraph is now talking about 4 billion pounds (4.7 billion euros). The British government and the Premier League have yet to approve the takeover.
Chelsea was put up for sale by owner Roman Abramovich in March after the Russian invasion of Ukraine. The Russian is on a British government sanctions list because he is said to have close ties to President Vladimir Putin. Chelsea therefore has to deal with all kinds of restrictions. The club’s license will expire at the end of May, The Telegraph writes, and the consortium is expected to complete the transaction before that time.