Lewis Hamilton and Serena Williams bankroll Sir Martin Broughton-led bid for Chelsea April 21, 2022 Formula 1 driver Lewis Hamilton and tennis superstar Serena Williams are helping to bankroll the Sir Martin Broughton-led bid for Chelsea. Hamilton, who has previously said he supported the club’s London rivals Arsenal, and 23-time Grand Slam winner Williams are among the backers of the only British-led consortium in the running, Mark Kleinman first reported [...]
Ed Warner: The higher the price for Chelsea, the sooner their new owners will feel the strain April 21, 2022 Unless the media have been blindsided by a canny investment bank, it seems that there are no sovereign wealth funds or squillionaires left in the running to buy Chelsea. No Musk, Bezos, Chinese tech magnate or gas-rich autocracy. The three remaining bidders, as reported, are all consortia. Let the game theory commence. The selling bank, [...]
George Osborne weighs in on Boehly’s £2.5bn bid for Chelsea April 17, 2022 Former Chancellor George Osborne is aiding Todd Boehly’s bid to buy Chelsea FC as the sales process continues to heat up. It is understood Osborne will be helping the part-owner of the Los Angeles Dodgers baseball team for the £2.5bn snap up of the London club. Osborne works for the boutique investment firm Robey Warshaw, which is advising [...]
Ricketts family withdraws Chelsea bid and pulls out of takeover race April 15, 2022 The Ricketts Family Investment Group has announced it will not submit a final bid for Chelsea Football Club.
UK sanctions Chelsea FC director for Abramovich connection April 14, 2022 The UK have sanctioned Chelsea Football Club director Eugene Tenenbaum following Russia’s invasion of Ukraine and Roman Abramovich's sanctions.
Q&A: How the Chelsea sale process works April 13, 2022 As the deadline for Chelsea bids loom, the government will finally have to weigh in on the future of the club. Whilst DCMS and the Treasury have so far taken a hands-off approach, the takeover process is set to enter a new period. Who is overseeing the sale? The US bank Raine Group is overseeing [...]
Chelsea takeover: who are the four remaining bidders? April 13, 2022 As the race to takeover Chelsea enters the final stretch, who are the consortiums vying to succeed Abramovich?
Stephen Pagliuca: Boston Celtics owner breaks silence, vowing to make ‘substantial’ Chelsea bid April 12, 2022 Potential Chelsea FC buyer Stephen Pagliuca says he will submit a “substantial and credible” bid for the European champions, while hinting at reducing his stake in Italian club Atalanta. In a statement reported first by Sky News, the co-owner of the Boston Celtics basketball team also pledged to support both the men’s and women’s teams [...]
NBA chairman Larry Tanenbaum eyes Chelsea FC consortia April 11, 2022 The chairman of the National Basketball Association Larry Tanenbaum has joined one of the leading consortiums gearing up to takeover Chelsea FC. Backing Steve Pagliuca’s offer for the London club, sources told Mark Kleinman for Sky News that Tanenbaum has joined the Facebook co-founder Eduardo Saverin in backing the upcoming bid. As well as chairing [...]
Mystery surrounds Roman Abramovich poisoning in Kyiv but seen as ‘firm warning’ to Chelsea owner as fresh details emerge March 29, 2022 The suspected poisoning of Russian billionaire and Chelsea FC owner Roman Abramovich was not intended to kill him and the two Ukrainian representatives, the lead Russia investigator with investigative news outlet Bellingcat has said. Christo Grozev told Times Radio the “most plausible” explanation for the alleged poisoning was that it was a warning to Abramovich. [...]