Nick Candy is likely to make an offer to buy Chelsea Football Club from Roman Abramovich in the coming days.
Candy is expected to make a £2.5 billion ($3.27 billion) deal, according to sources. According to the story, Candy is only worth around £1.5 billion, thus his offer would be in conjunction with a partner or consortium.
Candy’s proposed purchase of Chelsea is rumored to include plans for a £1.5 billion redevelopment of Stamford Bridge.
A Candy representative told the Daily Mail, “Nick Candy is actively studying a number of options for a potential bid for Chelsea Football Club.”
Any plan would be developed in partnership with another party (or consortia), and a number of foreign partners have expressed considerable interest.
Mr. Candy and Chelsea have a deep bond. “The club deserves a world-class stadium and infrastructure, and Mr. Candy’s unique expertise and background in real estate would be a hugely valuable asset in bringing this vision to life,” says Candy, whose father was asked to play for the club and who has been watching games at Stamford Bridge since he was four years old.
This is how much Nick Candy is offering to buy Chelsea.