The contractual guarantee that Chelsea bidders must sign to buy a club

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A contractual guarantee is expected to be signed by Chelsea’s next owners, which promises future investment in the club once the takeover is complete.

According to Sky Newsthe last four bidders still on Chelsea’s shortlist to buy the club must be prepared to commit to a contractual guarantee.

The report explains that the new owner will have to commit to at least £1bn of future investment. It is understood that £1billion of additional funding is set to go towards Stamford Bridge, the player squad and other areas of development.

It’s the kind of news that will cheer worried Blues fans worried about spending after Roman Abramovich.

A final shortlist of four potential investors has been widely speculated, so it will now take a little more patience to see who wins out in the takeover saga.

James is officially returning to HITC!

Athleticism highlights the four takeover bids retained by the Raine Group, which is the US bank responsible for overseeing the sale of the club.

The Todd Boehly Consortium, along with a group including David Blitzer and Josh Harris, are two of the favourites. Elsewhere, the Ricketts family and Stephen Pagliuca complete the shortlist of four.

Photo by DANIEL LEAL/AFP via Getty Images

Chelsea’s growth is vital

Chelsea’s upward trajectory has been very steep over the past two decades, so the last thing any fan wants is for everything to go flat.

The Blues need those extra funds with ambitious ownership to keep pushing for bigger and better things.

Keep up to date with all the latest Chelsea news and views by following The Chelsea Chronicle’s Facebook and Twitter accounts.

Sports journalist who graduated from the University of Staffordshire in 2016 and Chelsea supporter. Loves anything football or cricket related to England.

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