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Norwich v Chelsea: British billionaire Candy 'actively exploring' potential bid for Chelsea

2022-03-10 10:16:00 1086 Versions
English Premier LeagueEnglish Premier League

Norwich City GL:0.95/2.75/0.95

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Chelsea AH:0.86/1.50/1.07

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British property developer Nick Candy is "actively exploring" the possibility of bidding for ownership of Chelsea.

The billionaire – a lifelong Blues fan – is looking to join up with another party or consortium to make a bid to buy the club after Roman Abramovich last week announced he was willing to sell.


Nick Candy is interested in buying Chelsea Football Club


Russia's invasion of Ukraine has led to calls for current owner Abramovich – and other Russian individuals and entities – to face sanctions from the British government, with the 55-year-old Russian oligarch having been photographed with president Vladimir Putin in the past.

Although a spokesperson for Abramovich claimed he was "trying to help" achieve a peaceful resolution to the conflict, the billionaire later announced he had taken the "incredibly difficult" decision to sell the club, which he has owned since 2003.

Candy – who has a background in luxury real estate and is married to Australian singer and actress Holly Valance – would also look to improve the club's facilities. Plans to build a new 60,000-seater stadium at Stamford Bridge were shelved in 2018.

A spokesperson for Mr Candy commented: "Nick Candy is actively exploring a number of options for a potential bid for Chelsea Football Club.

"Any bid would be made in conjunction with another party (or consortium) and we have serious interest from several international partners.

"Mr Candy has a huge affinity with Chelsea – his father was asked to play for the club and he has been watching matches at Stamford Bridge since the age of four.

"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 to delivering this vision."

Other bidders to have come forward so far include a Swiss-American consortium led by billionaires Hansjorg Wyss and Todd Boehly.

The sale of the club is being handled by the US-based Raine Group, which has set a deadline of 15 March for prospective bidders, though further bids are expected to be made.


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Topic ChelseaPremier League