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Bidders lining-up for Chelsea

There are anything up to ten parties interested in buying Chelsea.

The club is up for sale following the decision of current owner Roman Abramovich to dispose of the team he has held since 2003 because of fears that his UK assets may be seized because of his links to Russian President Vladimir Putin.

And, whilst Russian, Chinese and Middle Eastern investors have all been interested in buying Premier League clubs in the past, everything has now changed and much tougher rules on foreign ownership are now expected to be put into place.

It means that the majority of the interested parties come from the United States, with investment bank The Raine Group handling the sale.

Abramovich has put a valuation of £3 billion on the club, and has said that he wants to sell it to somebody who will continue his policy of investing in the team.

Chelsea fans were heavily criticised for chanting his name during the period of reflection before their game at Burnley on Saturday, meant to honour those in Ukraine caught up in the violence following the Russian invasion of the country.  

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