Khalid Al-Saud: Last News

Chelsea could have the support of trillionaire backers should the Saudi Media Group be successful in their bid to buy the club from Roman Abramovich.Stamford Bridge chiefs have had interest from hundreds of potential backers following the news that Abramovich had chosen to sell before being frozen out after Vladimir Putin's Ukraine invasion begun.Having been linked to Todd Boehly and Nick Candy among others, the Saudi Media Group have put in a bid worth £2.7billion with Blues fan Mohamed Alkhereiji leading the pirate consortium.Although Alkhereiji's net worth is said to be in the region of around £1.7bn, the bid is said to have the backing of Mohammed bin Khalid Al Saud.CBS Sports report that Khalid Al Saud, who is a member of the House of Saud, has offered up his support.The House of Saud are thought to have assets worth an astonishing £1.19trillion - which is far more than both Newcastle and Manchester City have at their disposal.While City owners the Abu Dhabi Group alongside Sheikh Mansour are thought to have a net worth of around £9.2billion, Newcastle's Public Investment Fund of Saudi Arabia have around £500bn.However, there is one huge caveat to the Chelsea links - with Khalid Al Saud said to be involved in a supportive way to help find funding - and not funding a move himself.Will Chelsea win a major trophy this season? Give us your thoughts in the comments sectionWith talks ongoing at Stamford Bridge, Roman Abramovich was seen for the first time in public after having his assets frozen by the UK government.The Russian oligarch was spotted in the VIP lounge at Ben Gurion International airport in Lod, Israel sporting a grey beard and glasses.Although he is barred from entering the UK due to long-standing visa

Chelsea by lodging a whopping £2.7billion bid.The Blues are up for sale after Roman Abramovich was sanctioned by the UK government over his links to Russian President Vladimir Putin.Several parties have gone public with their interest in buying the club since Abramovich announced his intention to sell the club following Russia's invasion of Ukraine.The reigning European champions are currently operating on a day-to-day basis after government sanctions imposed on Abramovich and the club resulted in the Blues' revenue streams being put on hold.According to CBS, the Saudi Media Group have now launched a bid to buy the Premier League giants, lodging a £2.7billion for the club.The leader of the private consortium, Mohamed Alkhereiji is said to be a Chelsea fan and his bid has no direct links to the Saudi government.Newcastle United were purchased by a consortium fronted by the Saudi Arabian Public Investment Fund back in October last year.However, Mohammed bin Khalid Al Saud, a member of the Saudi royal family, is reportedly in support of finding funding and partners for the bid.Will Chelsea qualify for the Champions League this season? Let us know in the comments section below.Despite this, he has not yet backed the bid financially, according to CBS, and is also the chair of the Saudi Telecom Company [STC].STC is a state-owned Saudi corporation, with Newcastle's new owners still having a share in the business, although they did sell some in December.As a result, STC would be prevented from being a part of any consortium bidding to buy Chelsea due to the links with Newcastle.British billionaire property developer Nick Candy is one of a number of other potential buyers understood to have an interest in buying the club.Candy

Sheffield United chairman Prince Musaad Bin Khalid Al Saud has suddenly resigned for “personal reasons”.