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Chelsea Sale: Two groups confirms they have made shortlist

Sir Martin Broughton and Todd Boehly have had their bids shortlisted in the auction to buy Chelsea.

Chicago Cubs owners the Ricketts family were also expected to make the shortlist being drawn up by New York merchant bank the Raine Group.

LA Dodgers part-owner Boehly, former Liverpool chairman Broughton and the Cubs-owning Ricketts now lead the race to take charge at Stamford Bridge.

Raine spent Thursday informing a host of unsuccessful bidders they were out of the auction before starting the process of confirming the shortlist in the race to buy the Blues.

The New York bank will dig into further details of remaining submissions once the shortlist is rubber-stamped.

US magnate Boehly and his Eldridge Industries firm has backing from Swiss billionaire Hansjorg Wyss and respected British business leader Jonathan Goldstein.

Former British Airways chairman Broughton has drafted in sports business and politics heavyweight Lord Sebastian Coe, adding genuine clout to his consortium.

Wall Street investment banker Michael Klein has added a major financial edge, with a number of other backers also involved.

The Cubs-owning Ricketts family boast the financial muscle of US hedge fund supremo Ken Griffin, believing their experience of renovating storied stadium Wrigley Field offers an edge in their candidacy given Stamford Bridge’s required rebuild.

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