US billionaire Walter joins Boehly group aiming to buy Chelsea

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US billionaire Walter joins Boehly group aiming to buy Chelsea

US billionaire Mark Walter is joining LA Dodgers co-owner Todd Boehly's bid to buy Chelsea.

The US billionaire, himself worth an estimated £3.3billion ($4.4bn), has according to The Athletic joined the consortium bidding to own the Premier League side.

There is, however, no indication how much money the 62-year-old could or will contribute to the bid, which will have to be submitted by Thursday, April 14.

That is the new deadline set for the four bidders looking to buy the club, handing the interested parties an extension from the initial cut-off date of Monday, April 11 to finalise their offers.

The bidding process is being overseen by Raine, the merchant bank appointed by Roman Abramovich to find buyers before his assets were frozen by UK Government sanctions in response to Russia's invasion of Ukraine.