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Three bids submitted for Chelsea as deadline passes

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Three bids have been made to purchase English Premier League club Chelsea by groups led by British property developer Nick Candy, Chicago Cubs owners the Ricketts family and the pairing of Martin Broughton and Sebastian Coe.

Premier League Chelsea were initially put up for sale by owner Roman Abramovich following Russia’s invasion of Ukraine before sanctions were imposed on the oligarch by the British government, effectively giving it control of the club.

Raine Group, a U.S. bank, has been overseeing the sale process since before the Russian billionaire was sanctioned, and set a 2100 GMT deadline on Friday for offers to be submitted, a deadline three bids have so far officially met.

South Korean companies Hana Financial Group and C&P Sports Limited have joined forces with Candy to bid two billion pounds ($2.64 billion) for Chelsea, a statement from Candy said on Friday.

It added that the consortium also includes “significant investors from Silicon Valley and tech billionaires that own other shareholdings in sports teams in the USA.”

“Football clubs are vitally important community and cultural assets, and this is a once-in-a-lifetime opportunity to give football back to the fans and put them at the heart of the operations and strategy of a leading global football club,” Candy told Reuters in a statement.

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“I believe Chelsea has all of the fundamentals to become the most valuable and respected sports club in the world and a force for the greater good in everything it does.”

C&P Sports CEO Catalina Kim had earlier confirmed to Reuters that they and Hana were considering a bid.

“We are in the process of arranging our bid for Chelsea FC,” a statement read. “Surprisingly enough, despite the size of the economy, there has never been investment into (English) Premier League football clubs made by South Korean capital so far.

“Now it is time for a change and we are ready to start the new chapter with Chelsea FC.”

The owners of U.S. baseball team the Chicago Cubs, the Ricketts family, confirmed to Reuters that they had also made a bid for Chelsea, in conjunction with Citadel founder Ken Griffin.

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Former British Airways chairman Broughton has teamed up with president of World Athletics Coe to become the third party to make an offer late on Friday.

“I am assembling a team that will ensure the future success and financial stability of a club I’ve supported for over 60 years,” Broughton said in a statement.

“We will secure a prompt purchase and smooth transition, with funds readily available for the immediate takeover of the club and immediate investment in the team, facilities, and commercial opportunities.

“I believe I am the right person to lead Chelsea as we start this new chapter for the club.”

Further bidders are expected to be confirmed in the coming days, with a source close to the dealings telling Reuters that Swiss billionaire Hansjoerg Wyss, who has linked up with LA Dodgers co-owner Todd Boehly, British businessman Jonathan Goldstein and Conservative peer Daniel Finkelstein, has also submitted an offer.

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MISUNDERSTANDING

Turkish businessman Muhsin Bayrak, who had previously expressed interest in the club, said late on Friday that his company AB Group Holding had not filed a bid to Raine Bank.

Bayrak blamed AB Group’s failure to meet the deadline due to a misunderstanding with his lawyers over the auction procedure. “I am very upset,” he told Reuters.

According to emails seen by Reuters, AB Group’s lawyers contacted the UK Department for Digital, Culture Media & Sport using a generic email address to file an enquiry, rather than to file a bid to the U.S. investment bank.

Hana Financial Group is a South Korean investment bank and financial services company headquartered in Seoul, Korea. The group is also the title sponsor of the Korean Football League and the national soccer team.

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C&P Sports Limited is a leading sports consultancy company based in London and Seoul.

C&P Sports has worked on commercial deals with several big clubs in the last 10 years, such as Kumhos Tyres with Tottenham Hotspur, Nexen Tyre with Manchester City and Hyundai Motors with Atletico Madrid.

Candy, a lifelong Chelsea fan, had been joined by former Blues player and manager Gianluca Vialli as he prepared his bid.

“I have met Nick Candy on a number of occasions over the last few weeks and I am fully behind his visions,” Italian Vialli said in a statement after it was announced the company he co-founded, Tifosy, will act as lead advisor for the process.

($1 = 0.7587 pounds)

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-Reuters

Kunle Solaja is the author of landmark books on sports and journalism as well as being a multiple award-winning journalist and editor of long standing. He is easily Nigeria’s foremost soccer diarist and Africa's most capped FIFA World Cup journalist, having attended all FIFA World Cup finals from Italia ’90 to Qatar 2022. He was honoured at the Qatar 2022 World Cup by FIFA and AIPS.

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Governing Bodies

FIFA Clocks 122 as World Football Body Celebrates Historic Milestone

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World football governing body, FIFA, today clocks its 122nd anniversary, celebrating more than a century of overseeing and expanding the global game.

Founded on May 21, 1904, in Paris, France, FIFA began with just seven member associations — France, Belgium, Denmark, the Netherlands, Spain, Sweden, and Switzerland.

From that modest beginning, the organisation has grown into the most influential sports governing body in the world, with 211 member associations spread across all continents.

Over the decades, FIFA has transformed football into a truly global phenomenon through competitions such as the FIFA World Cup, Women’s World Cup, Club World Cup, youth tournaments, and developmental programmes aimed at growing the game worldwide.

The organisation has also witnessed remarkable milestones, including the expansion of the men’s World Cup from 13 teams in 1930 to 48 teams beginning from the 2026 edition to be jointly hosted by the United States, Canada, and Mexico.

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FIFA’s journey has equally reflected football’s growing influence beyond sport, with the game becoming a major tool for diplomacy, social inclusion, youth empowerment, and economic development across the world.

As FIFA celebrates 122 years of existence, attention is now focused on the future of the game, technological innovations, expanded competitions, women’s football growth, and the continued globalisation of football.

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Governing Bodies

UEFA hands lifetime ban to the Czech coach who secretly filmed female players

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Petr Vlachovsky

UEFA has issued a lifetime ban to Petr Vlachovsky, a Czech women’s soccer coach who secretly filmed ​his players, the governing body announced on Tuesday.

Czech media ‌reported that the coach was convicted in May 2025 and initially received a suspended one-year prison sentence and a five-year domestic ​coaching ban for filming FC Slovacko’s players in ​changing rooms, the youngest of whom was 17.

In ⁠a statement, UEFA’s Control, Ethics and Disciplinary Body (CEDB) said ​it had decided to ban Vlachovsky “from exercising any football-related activity ​for life” following the appointment of an Ethics and Disciplinary Inspector to investigate allegations of potential misconduct.

“The CEDB further decided to ​request FIFA to extend the abovementioned ban on a ​worldwide level and to order the Football Association of the Czech Republic ‌to ⁠revoke Mr Petr Vlachovsky’s coaching licence,” the statement added.

FC Slovacko did not immediately respond to an emailed request for comment.

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Football players’ union FIFPRO welcomed the ban as ​well as UEFA’s ​request for ⁠world soccer governing body FIFA to impose an international ban on Vlachovsky.

“This outcome sends ​a strong and necessary message that abusive and ​inappropriate ⁠behaviour has no place in football and that safeguarding the well-being of players must remain a priority at every ⁠level ​of the game,” FIFPRO added in ​a statement.

Vlachovsky had also previously served as coach of the Czech women’s ​Under-19s team.

RELATED STORY: https://sportsvillagesquare.com/2026/04/08/outrage-as-male-coach-who-secretly-filmed-women-players-still-free-to-work-in-football/

-Reuters

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Southampton expelled from EFL playoff final after spying breach

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 FA Cup - Semi Final - Manchester City v Southampton - Wembley Stadium, London, Britain - April 25, 2026 Southampton's Finn Azaz looks dejected after the match. Action Images via Reuters/Paul Childs/File Photo 

Southampton have been kicked out of the Championship playoff final after being found guilty of ​spying on semi-final opponents Middlesbrough, the English Football League said on Tuesday.

Middlesbrough, who lost 2-1 to Southampton ‌on aggregate in the semi, have been reinstated and will face Hull City on Saturday in what is dubbed the world’s richest soccer match.

Promotion to the Premier League, even with an immediate relegation, is estimated to be worth in the region of 200 million ​pounds ($268.10 million) over three seasons.

Southampton, who admitted the charges, were also found guilty of filming training sessions ​involving Oxford United in December and Ipswich Town in April during the regular season.

They ⁠have also been deducted four points from the start of next season in England’s second tier.

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“An Independent Disciplinary Commission ​has today expelled Southampton from the Championship play-offs after the club admitted multiple breaches of EFL regulations related to ​the unauthorised filming of other clubs’ training,” the EFL said.

“Southampton admitted breaches of Regulations requiring Clubs to act with the utmost good faith and prohibiting the observation of another Club’s training session within 72 hours of a scheduled match.

“The effect of today’s order is that ​Middlesbrough are reinstated into the 2026 play-offs and will proceed to the play-off final against Hull City. The ​final remains scheduled for Saturday 23 May, with the kick-off time to be confirmed.”

The EFL confirmed that Southampton could appeal against the ‌decision ⁠and that “parties are working to try and resolve any appeal on Wednesday 20 May.

“Subject to the outcome, it could result in a further change to Saturday’s fixture,” the statement said.

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‘BORO CALLED FOR SOUTHAMPTON EXPULSION

Middlesbrough had called for Southampton’s expulsion after having a training session at their Rockliffe Park site filmed 48 hours ahead of the first leg of ​their playoff semi-final with Southampton ​which ended 0-0.

The north-east ⁠club said they welcomed the decision.

“We believe this sends out a clear message for the future of our game regarding sporting integrity and conduct,” the north Middlesbrough said in ​a statement.

“As a club, we are now focused on our game against Hull City ​at Wembley on ⁠Saturday.”

Southampton were relegated from the Premier League last season and were struggling in the early part of this campaign until a storming finish in which they went unbeaten in 19 league games to finish fourth and enter the playoffs.

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The south-coast ⁠club are ​the first to fall foul of the Football League’s regulation 127 — ​brought in after Leeds United were found guilty of spying on Derby County seven years ago, an offence for which they were fined 200,000 ​pounds.

-Reuters

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