The race to take Chelsea Football Club off the hands of Roman Abramovich is heating up, with Amr Zedan reportedly the latest figure to make an offer to purchase the Premier League side.
Potential bidders were given until last Friday to provide their proposals to the Raine Group, with AP News claiming that Zedan’s offer was included as he looks to ‘secure further financing’ for a deal that could reach upwards of £3 billion.
The Raine Group - a New York investment bank brought into deal with the sale of Chelsea - are attempting to secure a takeover before the end of the month.
Zedan remains up against a number of known bidders including the Chicago Cubs owners, the Ricketts family, as well as the Los Angeles’ Dodgers Todd Boehly and UK property tycoon, Nick Candy.
Who is Amr Zedan?
Amr Zedan is a Los Angeles-born Saudi serial venture capital investor.
The 47-year-old is the head of the Zedan Group, working in the energy sector in Saudi Arabia, and is married to a member of the Jordanian Royal family - Princess Noor Bint Asem.
The pair live in the Saudi capital Riyadh together, where he is best known in the sporting world for his keen interest in horses.
Zedan is a thoroughbred horse breeder and polo enthusiast, with his own stable in America, and is the chairman of the Saudi Polo Federation.
Amr Zedan net worth
It is reported that Amr Zedan’s net worth is estimated to be around $400 million (£303m).
He is the owner of multiple businesses and conglomerates and also made a whopping $2,175,200 through his horse, Medina Spirit, winning the 2021 Kentucky Derby.