The Financial Services Authority is poised to probe share deals at Chelsea Village after an apparently false report on a takeover bid by a consortium led by Rotch Property appeared in the Evening Standard, London last week.

Sluggish trading figures from the business's restaurants and hotels have contributed to debts of £99m.

There is speculation, however, this weekend that Rotch may yet be involved in a deal with Chelsea to raise money from future match ticket sales.
The Observer 20/10/02 page 2 (Business & Media)