Soccer-Boehly in exclusive talks over Chelsea purchase, Ratcliffe makes late bid


FILE PHOTO: A sign is seen at an entrance to Stamford Bridge, the stadium for Chelsea Football Club, after Russian businessman Roman Abramovich said he would sell Chelsea, 19 years after buying it, amid growing pressure for oligarchs to be hit by sanctions after Russia's invasion of Ukraine, in London, Britain March 3, 2022. REUTERS/Toby Melville/File Photo

MANCHESTER, England (Reuters) -The consortium led by LA Dodgers part-owner Todd Boehly is in exclusive negotiations to buy Premier League club Chelsea for $3 billion, a source familiar with the matter told Reuters.

Earlier on Friday, British billionaire Jim Ratcliffe announced that he had made a last minute 'formal bid' to buy the club for 4.25 billion pounds ($5.33 billion).

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