Argentina president Javier Milei has revealed Chelsea are ready to buy a local club.

Milei is opening up Argentine football for foreign investment and for clubs to float on the Stock Exchange.

He told La Nacion: "There is not only one issue... First because there are many investments waiting. There are many international soccer clubs that want to invest in Argentina.

"It goes without saying that Argentina is a cradle of stars. So, there is a lot of business to be done with the Argentine case. Suddenly, in a very short period of time, it could be representing investments of more than a billion dollars.

“In this context, where we are adjusting and need a quick response... In fact, as soon as the decree came out, Chelsea became interested in investing in Argentina. And then it has other type of questions, which make up the debate."