The bidding window for Chelsea will close at 9pm on Friday with a shortlist of offers set to be finalised by the start of next week.
Merchant bank the Raine Group, who are advising Chelsea with the sale, will call time on the bidding period at 5pm US time and start the process of whittling down the offers to a shortlist. Sources claim the shortlist will feature a maximum of four bids.
The urgency for a quick sale given the financial pressures Chelsea have found themselves since Roman Abramovich’s sanctioning last week has been stressed to all parties involved in the process.