Chelsea price is a steal – English clubs will be worth $10bn soon, says banker selling club April 28, 2022 The banker running the sale of Chelsea FC says the club would be a bargain even if it fetches £2.5bn, a record price for a sports team. Joe Ravitch, co-founder of US bank the Raine Group, said he expected Premier League clubs to be worth several times more very soon. “My guess is that Chelsea [...]
Hull City owning Turkish media mogul to fly in reality TV contestants for final game of season April 27, 2022 Championship football club Hull City are set to have some unusual guests at their final game of the season: contestants from the Turkish version of reality TV show Survivor. The contestants are due to be flown in especially from the Dominican Republic, where they are currently filming, for the match against Nottingham Forest next week, [...]
Chelsea: End in sight as remaining bidders set out final pitches for club April 26, 2022 The final three bidders in the race to purchase Premier League outfit Chelsea are in London to make their final pitches for the Blues. Todd Boehly – co-owner of the LA Dodgers baseball team – and his consortium set out their stall on today with the other two pitches – headed up by former Liverpool [...]
Chelsea sale: Todd Boehly bid wins backing from influential former player Paul Canoville April 26, 2022 Influential former Chelsea player Paul Canoville has thrown his weight behind Todd Boehly’s bid to buy the club. Canoville, who has a suite named after him at Stamford Bridge, has come out in support of the Boehly consortium after holding talks with all three remaining bidders. “This is by far the best fit for Chelsea [...]
English football regulator won’t ban owners for geopolitical reasons, says Government April 25, 2022 A new independent regulator for English football will not seek to prevent takeovers or force out owners on the basis of geopolitical issues, the Government has confirmed. The regulator will have power to implement tougher tests on prospective club buyers to “root out unsuitable owners”, the official response to last year’s Fan Led Review of [...]
Chelsea bidders told they must commit to keeping control of club for 10 years April 25, 2022 The three shortlisted bidders in the sale of Chelsea Football Club have been told they must commit to holding a majority stake for at least 10 years, according to reports. The requirement is set to be a legally binding part of any agreement to purchase the Premier League team from sanctioned owner Roman Abramovich, Sky [...]
English football to get independent regulator to oversee finances, Government confirms April 25, 2022 The Government will today confirm plans to introduce an independent regulator for English football to oversee the game’s finances and prevent more clubs from going bust. It will have legal powers to investigate and sanction teams, and will also be tasked with drawing up and operating tougher tests for anyone wanting to own English clubs. [...]
Clarets’ glass looking half full as Sean Dyche gamble continues to pay off for Burnley April 24, 2022 As far as gambles go, Burnley’s jettisoning of Sean Dyche 10 days ago was a huge one. Dyche was more than just their manager; he was the Premier League’s longest serving boss and the man who had done more than anyone else to turn the Clarets into an established top-flight presence. When that status remained [...]
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, [...]