The FIFA Club World champions are set to have a new owner in charge over the next few weeks, as a deadline of 15 March has been set for all potential buyers to make bids, per Metro.
Muhsin Bayrak, the chairman of the Board of AB Group Holding, a company invested in the crypto money, construction, and energy sectors, has revealed that he has already made an offer to buy the English outfit.
"I won't tell you, we need to manage this process very well or we will lose." the businessman told OdaTV on Tuesday on the speculated £2.5 billion (R49.8 billion) bid.
"Our offer is below that, at least I can tell you that."
"We have reached a certain stage. Our law and finance department will start talks with theirs in London on Thursday.
"That’s the way it is at this point. On Thursday, we will notify the Public Disclosure Platform (KAP).
"People are talking about it, we made some progress in the talks, and the world believes we have a 90% chance of completing the deal. Abramovich thinks the same.”
According to Sports Illustrated, the Bayrak now joins the Hansjorg Wyss and Todd Boehly consortium as some of the bidders to acquire the Stamford Bridge outfit.