CHELSEA has been given a boost with Nick Candy reportedly providing a huge loan to keep their business running through the end of the season.
The Mail claim British businessman and Blues fan Candy is ready to take over the club in a £2billion deal.
But Chelsea are now operating on a daily basis following the UK government’s sanctions on Roman Abramovich.
It is thought the Blues only have enough strength to last them a few more weeks.
But Candy is poised to offer Chelsea an immediate cash boost should he become their new owner.
A spokesman said: “We welcome the news that the sale of the club will be expedited.
“This is a development that reassures fans after a week of uncertainty.
“If the club needs funds to operate in the short term, Mr. Candy will be happy to help ensure the club has the necessary financial resources, in accordance with Government regulations.”
Candy, who has plans to redevelop Stamford Bridge, is Chelsea’s season ticket holder.
And he was featured in yesterday’s 1-0 win over Newcastle.
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Candy also told Sky Sports that he will ensure fan representation on Chelsea’s board if his takeover goes through.
Candy announced before the match: “I have supported Chelsea since I was four years old. My dad was asked to play for Chelsea. I love Chelsea.
“I don’t care where it ends up, even if it’s not with me, as long as it’s in safe hands.
“100 percent [fans] should be involved in ownership, both in terms of board and economics. ”
However, Candy is in direct competition with many other parties.
And the leader is reported to be American financier Antony Ressler, the billionaire owner of the NBA’s Atlanta Hawks.
https://www.the-sun.com/sport/football/premier-league/4887593/chelsea-nick-candy-takeover-loan-offer/ Chelsea boost as Nick Candy offers big long-term loan to keep business afloat until end of season before £2bn takeover