Chelsea great John Terry's consortium is in talks with bidders for the club.

Sky Sports says True Blues Consortium - co-founded by the former Chelsea and England captain Terry - are eager to buy a 10 per cent stake in the club.

It goes on to detail that they have held positive talks with two leading bidders, and have approached three of four consortia attempting to buy the club.

"Thousands of supporters and dedicated fans have contributed over £100m to True Blues," said Sandford Loudon, a partner at Oakvale Capital and True Blues Consortium representative.

"We're having positive discussions with the two leading bidders and the bank in charge of the transaction, and our primary goal is to ensure that Chelsea fans have a voice during these unprecedented times.

"We are defending our valuable club's history and principles and hope that by allowing fans to own a piece of Chelsea FC, this ground-breaking new model will change how football teams are run."