American billionaire Woody Johnson launch bid for Chelsea

Woody Johnson believes he can win because of his extensive London links.

American billionaire Woody Johnson will launch a bid for Chelsea.

According to The Sun, Johnson, US Ambassador to the UK until last year, will offer £2billion to buy the Champions League winners club from sanctioned owner Roman Abramovich.

The 74-year-old billionaire hopes to steal the deal away from Saudi Media Group before Friday’s deadline.

His £2billion bid is less than the Saudi Media Group’s £2.7billion, The US Ambassador believes he can win because of his extensive London links.

As the co-owner of the gridiron team of the New York Jets for 22 years, he believes he can raise Chelsea’s profile in the American market.

According to a football source last night: “What Chelsea need right now is longevity and stability when it comes to a new owner. Woody and his team think they can provide that.

“He’s run the Jets successfully and knows a huge amount about the sports industry. And he’s spent the last four years in London and knows it well.”

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