South Korean companies combine to join Chelsea bidding process

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MANCHESTER, England : South Korea companies Hana Financial Investment Company Limited and C&P Sports Limited have combined to become the latest consortium to join the race to buy Chelsea, C&P Sports CEO has confirmed to Reuters. Premier League club Chelsea were initially put up for sale by owner Roman Abr

MANCHESTER, England : South Korea companies Hana Financial Investment Company Limited and C&P Sports Limited have combined to become the latest consortium to join the race to buy Chelsea, C&P Sports CEO has confirmed to Reuters.

"We are in the process of arranging our bid for Chelsea FC," C&P CEO Catalina Kim told Reuters in a statement. C&P Sports has worked on commercial deals with several big clubs in the last 10 years, such as Kumhos Tyres with Tottenham Hotspur, Nexen Tyre with Manchester City and Hyundai Motors with Atletico Madrid.

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