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Chelsea bidders looking to "maintain existing management"

:Headline: Chelsea bidders looking to 'maintain existing management':
Global investment firm Centricus say they will maintain the existing management at Chelsea if their bid to buy the club from Roman Abramovich is successful.
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Global investment firm Centricus, who are making a bid to buy Chelsea from Roman Abramovich, have claimed that they will maintain the existing management team at the club.

It is reported that at least four consortiums have made a bid to buy the Blues, and it is believed that those bidding will be cut down to a shortlist this week, before a sale is completed by the end of March.

Centricus are expected to need to improve on their latest bid as British property investor Nick Candy increased his £2bn bid on Monday, after a large Korean financial institution joined his consortium.

In a statement, Centricus said: "We will be committed to supporting [Chelsea] and its key stakeholders to ensure its continued success.

"Our financing for the deal includes funding for the completion of the transaction and funding for working capital required for the day-to-day operations of the CFC Group, funds required to maintain an elite global brand, investment in grassroots and in-community football initiatives such as the Chelsea Academy, the women's team, the youth development programme and the Chelsea Foundation and strategic real estate investment.

"The intention is to maintain and support existing management on both the business and sporting operations of the CFC Group. We intend to maintain the existing strategy direction.

"Clearly, the CFC Group has been operating in challenging conditions and we appreciate the importance for the CFC Group, the fans and other key stakeholders of ensuring a smooth and stable ownership transition."

Centricus, who hold £29bn in assets, are believed to have many Chelsea season ticket holders in their ranks.

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Premier League Table
TeamPWDLFAGDPTS
1Liverpool108111961325
2Manchester CityMan City1072121111023
3Nottingham ForestNott'm Forest10541147719
4Chelsea105322012818
5Arsenal105321711618
6Aston Villa105321715218
7Tottenham HotspurSpurs1051422111116
8Brighton & Hove AlbionBrighton104421714316
9Fulham104331413115
10Bournemouth104331312115
11Newcastle UnitedNewcastle104331010015
12Brentford104151920-113
13Manchester UnitedMan Utd10334912-312
14West Ham UnitedWest Ham103251319-611
15Leicester CityLeicester102441418-410
16Everton102351017-79
17Crystal Palace10145813-57
18Ipswich TownIpswich100551021-115
19Southampton10118719-124
20Wolverhampton WanderersWolves100371427-133
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