Mohamed Alkhereiji has expressed his regret after Saudi Media Group’s Chelsea bid was rejected.

But he revealed the consortium are willing to join another consortium if its one that aligns with Chelsea’s values.

Alkhereiji said on Twitter: “We did our best, dissapointed, but we will continue to bleed #Blue #chelsea #cfc.

And when a fan asked if Saudi Media were willing to join another consortium, he said: “The one that respects its fans and continues the legacy of the club.”

The private consortium headed by Mohamed Alkhereiji, who happens to be a lifelong Chelsea fan, submitted an offer worth £2.7billion.

However, Saudi Media were not selected by New York based investment bank Raine Group LLC, who are in charge of finding Abramovich a buyer.

And according to Goal, despite not being shortlisted, Saudi Media are open to JOINING another consortium.

Reports in England claim that the Saudi Media Group and New York Jets owner Woody Johnson have been told they are not part of a final shortlist in the sale of Chelsea Football Club.

Russian oligarch Roman Abramovich announced his decision to sell the club shortly before he was sanctioned by the UK government as a result of his ties to president Vladimir Putin.

He appointed US bank The Raine Group to oversee the process and even in spite of the sanctions placed on Abramovich, they have been able to continue the process and are preparing to name three final offers.

Goal report that the Saudi Media Group is “disappointed not to make it through” to the final shortlist while Sky News have claimed Jets owner Johnson has also not made the cut.

They add that SMG is “willing to support other consortiums that are selected” with the belief that Chelsea needing a quick sale as the reason for their snub by the Raine Group.

Saudi Media generates an estimated £770million per year, hence their need to bring in outside backers as part of their bid.

It is believed that Mohamed Alkhereiji, a lifelong Chelsea fan who was leading the private Saudi consortium, submitted an offer in the region of £2.7billion.

The Saudi Media Group is not directly owned by the Saudi government, unlike Newcastle United’s owner the Public Investment Fund (PIF). However, Khalid Al Saud is chair of the state-owned Saudi Telecom Company, in which the PIF owns shares.

It was reported earlier this week that Chelsea could receive the highest ever price to purchase a sports team with a bid of over £3bn.

The group led by Nick Candy remain hopeful of making the final three or four; while Centricus, a consortium fronted by Chelsea season ticket holders, are also hoping to be part of the shortlist.

Sky News have reported that the offer by New York Jets owner Woody Johnson, has been unsuccessful, as well as that of Muhsin Barak, the Turkish businessman who brashly claimed he had a 90 per chance of buying the Stamford Bridge club from Abramovich.

The offer from Aethel Partners is also expected to miss out, according to that report.

Raine asked bidders to give binding assurances about future spending on the club and its ground prior to the shortlist being finalised.

An insider told Sky Sports: ‘They want guarantees about future capital funding for the club and stadium, and cash on the balance sheet, so that they can be certain they are picking the best future owner of Chelsea.’

The Ricketts Family this week moved to defuse growing tensions towards their bid to buy Chelsea, insisting they are not racist.

Chelsea captain Cesar Azpilicueta says it is not the right time to discuss his future with the club in the middle of a complicated takeover.

The 32-year-old defender is out of contract at Stamford Bridge this summer, and is widely expected to join Barcelona on a free transfer.

Speaking to reporters while on international duty with Spain, Azpilicueta said: “This is not the place or the time. What we have learned with the pandemic is to live day to day and in the moment.”

However, the Blues skipper did admit that the current issues at London club were having an effect on the squad.

“We are living in moments of uncertainty at Chelsea, that is the reality.

“The uncertainty isn’t great, but what we players have to do is work. We are entering a decisive phase of the season and the situation is out of our hands.”

England star Declan Rice would favour a move to Chelsea if he was to leave West Ham this summer, report the Evening Standard.

The Hammers midfielder has been repeatedly linked with the Premier League’s so-called ‘Big Six’ with The Blues and Manchester United considered to be leading the chase.

However, it is now understood that Rice would prefer a return to Stamford Bridge and the club he was released from as a child despite their current restrictions in the transfer market.

With three years still remaining on his contract, West Ham have slapped a £150million asking price on the 23-year-old, who David Moyes hopes to build future sides around.

Rice is said to have an ‘urgent’ desire to play Champions League football, and has every chance of qualifying to do so with the Hammers, either through the Premier League or by winning the Europa League.

Chelsea fans CAN buy tickets for the FA Cup semi-final and future Champions League games this season.

After two weeks of negotiations between the with the club and the Government, DCMS chiefs announced a series of amendments to the club’s operating licence.

It means that Blues fans will be entitled to buy seats for the club’s upcoming FA Cup and European matches.

They will also be allowed to travel to away matches, with visiting fans able to buy their tickets for the final four Prem games at Stamford Bridge against Arsenal, Wolves, Leicester and Watford.

But the strict condition is that not a single penny of the ticket revenue goes into the hands of Roman Abramovich.

And Chelsea remain banned from selling any more HOME match tickets for the upcoming Prem fixtures, meaning likely attendances of just over 30,000.

Under the new conditions, the Government has ensured the “no additional revenue” is raised for Chelsea by the revised regulations.

Normally, under Prem rules, the home team banks all match ticket revenues.

The league confirmed last night that monies that ‘would normally have gone to Chelsea’, usually £90,000 in income from the maximum 3,000 away fans at Stamford Bridge for each game, will be donated to charity to benefit the victims of the war in Ukraine.

Likewise, money raised by Chelsea ticket sales for the FA Cup semi-final against Crystal Palace, their Champions League last eight clash with Real Madrid and any future ties will go to the FA or Uefa respectively “to remain compliant” with the sanctions against Abramovich.