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US businessman Mark Walter worth £3.3BN joins Todd Boehly consortium challenging Ricketts family for Chelsea takeover

BILLIONAIRE businessman Mark Walter has joined Todd Boehly's consortium bidding to take over Chelsea, reports suggest.

LA Dodgers co-owner Boehly is challenging controversial American Thomas Ricketts in the pursuit to inherit the Blues from Roman Abramovich.

Mark Walter has joined Todd Boehly's consortium bidding to take over Chelsea
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Mark Walter has joined Todd Boehly's consortium bidding to take over ChelseaCredit: Getty
LA Dodgers co-owner Todd Boehly is bidding to buy Chelsea
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LA Dodgers co-owner Todd Boehly is bidding to buy ChelseaCredit: AFP

And according to and, the baseball boss will now be backed by Walter, who has an estimated net worth of £3.3bn.

The Iowa-born businessman is the chief executive officer of Guggenheim Partners, a privately held global financial services firm.

There is currently no indication how much money Walter will contribute to the bid, which must be submitted by the Thursday, April 14 deadline.

Boehly was recently pictured at Stamford Bridge the night Chelsea were beaten 3-1 by Real Madrid in the Champions League.

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It comes amid his toe-to-toe battle with the Ricketts Family to take Chelsea off the hands of Russian oligarch Abramovich.

The Ricketts' are frontrunners to take over the current Champions League holders and have major plans for the club.

But they are already unpopular among Chelsea supporters after leaked emails from the father of Chicago Cubs owner Thomas Ricketts saw him say Muslims are "my natural enemy".

Blues fans protested the Ricketts' potential takeover of the club before Chelsea's shock 4-1 loss to Brentford.

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The  also came out and condemned the Americans' approach.

A statement read: "Last week, the Chelsea Supporters’ Trust stated that the Ricketts family must urgently and publicly address supporter concerns – especially with regard to inclusivity, given both past and recent statements by members of the family."

Four interested parties remain in the bidding process to buy the European champions and are expected to pay around £2.5billion to get the nod from the US bank brokering the sale.

They are all due to travel to London to lay out their visions for the club to current chairman Bruce Buck and directors Marina Granovskaia and Eugene Tenenbaum.

Chicago Cubs chairman Tom Ricketts in 2020
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Chicago Cubs chairman Tom Ricketts in 2020Credit: Getty
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