The next meetings are likely to be with two of the other bidders, or they will at least provide information for Canoville to give his views on as part of their supporter engagement campaigns, people familiar with the situation said.
“The Chelsea football team is a diverse one with a range of nationalities and religions,” said Minal Modha, a media analyst at Ampere Analysis in London. “It’s understandable that Canoville feels the need to take a stance and ensure that the next set of owners hold the beliefs and values which align with that of the club.”
The Raine Group, the New York-based bank handling the sale for Abramovich, has been weighing offers for Chelsea and four made the cut last week. Before he was sanctioned, Abramovich had put the club up for sale for an estimated 3 billion pounds ($3.9 billion) while accounting firm KPMG values it at 1.9 billion pounds. All the bidders involved declined to comment on the discussions in the run up to this month’s deadline.
They are: the Ricketts family in conjunction with billionaire Chicago hedge fund manager Ken Griffin; a consortium led by former Guggenheim Partners executive Todd Boehly; one involving former Liverpool FC Chairman Martin Broughton and Apollo Global Management Inc. co-founder Josh Harris; and one led by Bain Capital co-Chairman Stephen Pagliuca.
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