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Chelsea bidder Stephen Pagliuca is slammed for 'despicably corrupt business practice'

Fresh controversy has rocked the Chelsea bidding process after ministers were asked to bar the shortlisted offer made by Bain Capital co-chairman Stephen Pagliuca.

The Blues look set to be sold for close to £3billion by the end of April, with a shortlist of preferred bidders established last month. The winner is set to be presented to government in a couple of weeks' time, with those still involved able to up their offer until a deadline of April 11.

Most of those bids that have been shortlisted are known, with the Ricketts family and a consortium led by Sir Martin Broughton also in the running.