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Chelsea takeover: Saudi Media proposal includes contract renewals & Stamford Bridge development

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Saudi Media are hopeful of winning the race to buy Chelsea from Roman Abramovich and have an in-depth proposal which includes contract renewals for Cesar Azpilicueta and Antonio Rudiger.

As many as 20 buyers have signalled their intent to bid for Chelsea. The UK government are in charge of the sale process after sanctioning current owner Roman Abramovich in the wake of Russia’s invasion of Ukraine and are hopeful of getting a sale through in the next six weeks.

While a number of American-backed consortiums have attracted most of the attention, Goal report that Saudi Media are hopeful that they have the most attractive proposal.

Before Abramovich’s forced dismissal as club director, he had been keen to ensure he sold the club to a buyer with a concrete long-term plan to maintain Chelsea‘s success, and it si claimed that Saudi Media have plenty of ideas to that extent.

Among their intentions is to renew the contracts of Azpilicueta and Rudiger, who could otherwise leave as free agents, finally complete the redevelopment of Stamford Bridge and continue the investment in both the academy and women’s teams to ensure both remain competitive.

Leading the Saudi Media bid is Mohamed Alkhereiji, CEO of parent company Engineer Holding Group and a known Chelsea fan. The company are the biggest media corporation in Saudi Arabia and turns over £770m annually.

The group already invest in Saudi sides Al-Hilal and Al-Nassr, building a new state-of-the-art stadium for the latter, and Saudi Media plan to use their building experience to tackle the £1.5bn redevelopment of Stamford Bridge.

There are also plans to attract bigger and better sponsorship deals to the club, using their connections in marketing and advertising across the world. Saudi Media are not concerned by Three’s suspension of their sponsorship deal as they feel they could find something more lucrative.

One potential stumbling block could be Chelsea’s reluctance to work under a ‘politically sensitive’ group. Saudi Media had been tipped to fall into that category because of Newcastle United’s links to the Saudi state, but this group do not expect such issues.

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Rio Ferdinand issues major warning about Manchester United manager Erik ten Hag

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Former centre-back Rio Ferdinand believes it is still too early to judge whether Erik ten Hag is the right man to lead Manchester United back to the top, despite their unquestionable improvement under him this season.

United head into tomorrow’s Manchester derby against City at Old Trafford with the knowledge that a win will lift them to within a point and place of their neighbours in the Premier League table.

The Reds have lost just one of their last 18 matches since being battered 6-3 by City back in October, featuring a current run of eight wins on the bounce.

The Reds, such is the level of progress they have made under Ten Hag this season, are now considered as one of the favourites to qualify for the Champions League for next season.

They have made significant strides in a relatively short space of time and victories over the likes of Arsenal, Liverpool and Tottenham Hotspur already this season have proven that they are capable of competing in the upper echelons of the table again.

However, despite heading into the second half of the campaign with form in their sails, Ferdinand insists the jury is still out on Ten Hag, despite him reaching 20 wins as United manager quick than any of his predecessors.

“I think it’s too early to say,” said Ferdinand to the Mirror. “We’ve been here with previous managers when it looks like we are onto something.

“We’ve got to be patient and give the man time. I think all the signs are very positive at the moment. He’s come in and seen what is happening, assessed how things are, looked at individuals and looked at the shape of the team.

“These were a bunch of players that were quite low. They were shot to pieces and he’s had to build, not only footballers, but men back up again. He’s had to build a lot of human beings back up and that takes time.

“The fact he’s now talking about qualifying for the Champions League so positively, he can sense a confidence coming back into this team. There’s a consistency of performance from the team that wasn’t there before and the signals and signs are all very promising.

“But they’re still not where they want to be. City are way ahead of where United are. The distance is a bit closer, but it’s still not anywhere near where we want it to be. There’s still work to be done.”

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Manchester United takeover bids ‘expected imminently’ with serious interest in Club

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Manchester United are expecting takeover offers from across the world as they are set to invite bids ahead of ‘mid-February deadline’.

The Telegraph have reported that the club have received ‘serious interest’ from consortiums based in the Middle East, Asia and the United States.

British billionaire Sir Jim Ratcliffe is also weighing up an offer, as the Glazers hope to the sell one of the biggest clubs in the world for over £5billion.

The report also adds that parties who had been interested in taking over Chelsea, before Todd Boehly’s £4.25bn takeover, are set to return with approaches for the Red Devils.

It’s expected that potential investors will go public with their attempts to buy United in the coming weeks with the clock ‘now ticking on a deal’.

Senior United figures will issue a mid February deadline for formal offers in order to help get get the takeover completed before the end of the season.

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Confirmed: Chelsea ready to make late bid to hijack another Arsenal transfer

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Chelsea will make a late attempt to scupper Arsenal’s hopes of finally signing Mikhailo Mudryk from Shakhtar Donetsk.

The Gunners have submitted their third bid for the Ukraine international winger and hope an offer of £62m before add-ons, which take the deal closer to £70m, will be enough to break the deadlock between the two clubs.

Chelsea’s interest in the 21-year-old winger was earlier this week described only as ‘exploratory’ but ESPN now claim that Todd Boehly will test the waters and attempt to throw a spanner in the works for the Premier League leaders.

Shakhtar’s technical director Darijo Srna was pictured at Stamford Bridge last week as he watched Chelsea’s defeat against Manchester City and Boehly would have little issue with meeting an asking price which is closer to £88million.

Arsenal are said to be confident that their latest bid for Mudryk will be enough to finally secure the services of their No.1 January target, but have already been beaten to the punch once this month by their west London rivals.

Chelsea won the race to sign Joao Felix on loan from Atletico Madrid amid competition from Arsenal and Manchester United, but the Portugal international’s promising debut ended in devastating fashion when he was sent off just shy of the hour mark for a dangerous challenge on Fulham’s Kenny Tete.

Felix will now miss the next three games through suspension as the problems mount for Chelsea’s under-fire manager Graham Potter.

‘It sums up where we are at the moment – everything that can go wrong, is going wrong,’ Potter said after Chelsea’s 2-1 west London derby defeat.

‘It was a forward’s tackle from Joao, there was no malice in it but I understand why it was a red. It is another blow the hits keep coming at the moment.

‘He was really good you could see his quality in the game so it is doubly disappointing for us because he was looking dangerous throughout.

‘I don’t think there was too much malice in it and it is an unfortunate action and we are going to lose him now for three games.’

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