Three American groups looking for quick Chelsea buy to save them from financial armageddon after Abramovich sanctions

CHELSEA reportedly have three bids from American-led groups looking to buy the club amid sanctions imposed on owner Roman Abramovich.

Abramovich can still sell the Blues despite his assets being frozen as 'an application for a licence to sell the club would be considered' by the UK government.

Abramovich would not see any of the cash – instead, he would have to hand over the whole process to the government, who then would determine where the money goes.

According to the Telegraph, Raine, the New York-based bank handling a potential sale, have received almost 150 enquiries but so far three have emerged as the most serious and all are from the US.

Todd Boehly, together with Hansjorg Wyss and another businessman, have made an official offer between £2billion and £2.5bn.

The other two parties are the Ricketts family, who own the Chicago Cubs, and New York Jets owner Woody Johnson.

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The Ricketts family and Johnson have yet to respond to claims linking them with the west Londoners.

But it is believed both parties have made serious proposals to Raine about acquiring Chelsea.

If the reigning European champions don't find a new owner then they are facing the possibility of financial Armageddon, which will include a state of limbo and slow decay.

It has been suggested that the world champions cannot operate in their current state for much longer than two months before the financial impact becomes serious.

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This comes after Chelsea sponsor Three asked the club to suspend their sponsorship and remove branding from the club's shirts as well as stadium.

Official partners Zapp and Hyundai are also reviewing their partnership with the club.

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