A Californian private equity firm has edged closer to becoming the new majority-owner of Chelsea Football Club after securing a period of exclusivity to clinch a deal
Sir Jim's entry into the race to buy Chelsea is thought to have come too late, although there remains a possibility that he could buy Chelsea if the Boehly-led bid is unable to be completed.
Already this week, manager Thomas Tuchel has said that the sanctions against the club's owner were to blame for Antonio Rudiger, the German central defender, for deciding to leave in the summer. That request, which is thought to be unprecedented in a football club auction, was allied with one for minimum further investment of £1bn in its stadium, academy and women's team.
On Monday, ministers published their response to former sports minister Tracey Crouch's report on football governance, paving the way for the establishment of a new independent regulator for the sport.
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