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Chelsea fan and Cobra Beer founder Karan Bilimoria joins Ricketts family's bid to buy his beloved Blues... as the House of Lords peer insists they 'have a proven track record of running successful sports teams'

Cobra Beer founder Lord Karan Bilimoria has joined the Ricketts family's bid to buy Chelsea.

The Chelsea fan and founding chairman of the UK India Business Council adds political clout to the Chicago Cubs-owning Ricketts' attempt to buy the Blues.

US multi-billionaires Ken Griffin and Dan Gilbert have teamed up with Tom and Laura Ricketts to put together a hefty offer for Chelsea, with the sale expected to reach a sports-franchise record £3billion.

And now Bilimoria has joined the consortium with plans to act as a club ambassador should the Ricketts bid prove successful.