Final four bidders to replace Abramovich as Chelsea owner confirmed

Raine Group, a US-based investment bank, has reduced the number of potential buyers of Chelsea Football Club to four.

According to The Athletic, the Ricketts family and Boston Celtics owner Stephen Pagliuca are among the bidders that have been shortlisted.

Others are Todd Boehly, David Blitzer and Josh Harris.

This comes a day after The Saudi Media Group was dropped by the American bank.

Raine Group communicated the decision to the group on behalf of Chelsea.

Russian billionaire, Roman Abramovich, put the Premier League club up for sale after he was sanctioned by the UK government.

Submission of bids to buy the Stamford Bridge outfit ended last Friday.

Chelsea’s sale price is expected to break the £3billion barrier, making the West London club the richest sale in sporting history.

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