Three other groups join Britain’s richest man in race to buy Chelsea from Roman Abramovich

Reports in London claim Chelsea have held talks with three interested parties over the potential £2.5billion sale of the club.

They are believed to have included US and Asian-based finance groups, while Britain’s richest man Jim Ratcliffe has also expressed an interest.

Chelsea chairman Bruce Buck recently insisted owner Roman Abramovich was committed to the London club despite stopping attending games.

But, according The Mail on Sunday, Chelsea officials have held what have been described as ‘exploratory talks’ with the three parties in recent weeks.

Abramovich is not believed to have attended any Chelsea games since being denied a visa in May 2018. The 53-year-old Russian billionaire subsequently sought Israeli citizenship, moving to Tel Aviv.

He has spent between £1m and £3m on corporate hospitality boxes at Stamford Bridge every year since 2011 but did not buy any before the start of this season for the first time in almost a decade.

Abramovich has continued to pump money into Chelsea, however, and the total debt owed to him by the parent company increased by £75m last year. It now stands at a total of £1.25bn, money he would want to recoup if the club were sold.

Ratcliffe was interested in buying the Stamford Bridge club, but his valuation is vastly below the £2.5bn valuation set by Abramovich.

Ratcliffe has reportedly turned his attentions to buying French outfit Nice, currently seventh in Ligue 1, and would face considerable competition to complete a deal for the Blues should he return to the negotiating table.