Premier League giants hold talks for huge £2.5bn worth takeover

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

Jim Ratcliffe, Britain's richest man, has always been linked with a potential takeover bid, but his opening offer is thought to have been significantly lower than the £2.5bn asking price, and Ratcliffe has now turned his attention to Ligue 1 side Nice.

"Chelsea-targeted-three-groups-2-5bn-race-buy-club.html" The Mail on Sunday reports Chelsea have held talks with three interested parties, including United States and Asian-based groups. The 53-year-old Russian billionaire subsequently sought Israeli citizenship, moving to Tel Aviv.

Abramovich has been tipped to sell up this summer after being denied a visa in May past year. A regular at Stamford Bridge, the Russian is believed to have not attended a single Chelsea fixture this season. Tottenham, Liverpool and Burnley are among clubs to have announced record profits recently.

His investment has brought about a golden age for the club, with honors including five Premier League titles and the UEFA Champions League.

That competition could offer an alternative route to European club football's premier tournament, should they fail to finish in the top four in the league.

Abramovich is said to be demanding around £2.5bn to sell the club, largely due to the £1.25bn debt owed to him by the Blues.

Ratcliffe has reportedly turned his attentions to buying French outfit Nice, now seventh in Ligue 1, and would face considerable competition to complete a deal for the Blues, who travel to title-chasing Liverpool on Sunday, should he return to the negotiating table.