Roman Abramovich makes ‘incredibly difficult decision’ to sell Chelsea
While the sale of chelsea continues the club received a boost after the British government amended its special operating permit. The amendment will now allow Chelsea to sell tickets for away matches, cup matches and women’s fixtures on the condition that the club receive no revenue.
This means Chelsea fans will be able to watch the club’s Champions League quarter-final against Real Madrid and FA Cup semi-final with Crystal Palace at Wembley. the premier league said the revenue generated from ticket sales, which would normally have gone to the club, will be donated to victims of the war in Ukraine.
The government will now also allow Chelsea to receive £30m from parent company Fordstam to keep the club afloat following the owner’s sanction. Roman Abramovich and while the Premier League team is sold.
Raine Group, which is overseeing Chelsea’s sale process, is compiling a shortlist of three preferred deals and although various interested parties expected to know whether they had made the cut earlier this week, the complexity of the deal and the information involved means it takes more time.
Follow all the latest Chelsea takeover news below:
Saudi Media Group trolls Arsenal after failed Chelsea bid
A member of the Saudi Media Group has trolled Arsenal after their bid to buy Chelsea was rejected.
Khalid Al Khudair said he would consider buying the Gunners but only “if it was a charity matter”.
He added after failing in the final shortlist: “We did our best, disappointed, but we will continue to bleed #blue”.
Jack RathbornMarch 25, 2022 1:40 p.m.
Josh Harris and David Blitzer near Crystal Palace dilemma
Sir Martin Broughton’s consortium is mainly funded by Josh Harris and David Blitzer – worth £4.5bn and £1bn respectively.
Harris and Blitzer have been longtime partners in sports and business over the past decade, co-owning the NBA team Philadelphia 76ers after a takeover in 2011.
But with shares of Crystal Palace, the pair would have to sell to avoid a complication and a conflict of interest.
Presumably, they have already revealed their intention to sell given that Broughton’s bid has gone through to the final shortlist, meaning an 18 per cent stake in the south London side will be up for grabs.
Jack RathbornMarch 25, 2022 1:30 p.m.
Latest Chelsea takeover: shortlisted bidder set to replace Bruce Buck as club chairman
Sir Martin Broughton would likely be Chelsea’s new chairman and replace Bruce Buck if his consortium’s bid is successful, the Telegraphic report.
Broughton and Lord Sebastian Coe are both Chelsea supporters, both set to play a prominent role at the club if they beat the last two shortlisted offers – one of which is led by American Todd Boehly.
Neither Broughton nor Coe are major financial investors in the offering, nor is Vivek Ranadive, who is another minor investor.
Jack RathbornMarch 25, 2022 1:21 p.m.
The Ricketts family meet the Chelsea Supporters’ Trust
The Chelsea Supporters’ Trust have expressed concern about the Ricketts family’s ability to lead a successful and inclusive club after the handshake was made.
Jack RathbornMarch 25, 2022 1:09 p.m.
Latest Chelsea takeover: Sir Martin Broughton consortium set to land winning bid
Sir Martin Broughton and the consortium he leads have qualified for the last three offers shortlisted by Raine Group.
Former British Airways chairman Broughton brought together sporting and political heavyweight Lord Sebastian Coe, who is a Chelsea fan and season ticket holder.
While the consortium has been bolstered with additional financial intelligence by the inclusion of Wall Street investment banker Michael Klein.
Jack RathbornMarch 25, 2022 12:30 p.m.
Latest Chelsea takeover: Todd Boehly consortium set to land winning bid
Todd Boehly and his consortium are set to land the winning bid for Chelsea FC after their bid reached the Raine Group’s shortlisted final three.
American tycoon Boehly and his company Eldridge Industries are joined by Swiss billionaire Hansjorg Wyss, while British business leader Jonathan Goldstein is also part of the consortium.
Jack RathbornMarch 25, 2022 12:20 p.m.
Todd Boehly on owning a Premier League football club
Todd Boehly on owning a Premier League club: “Football is the biggest sport in the world, the passion from the fans is unparalleled, you’re trying to A) win B) part of the community.
“The opportunity we had with the Dodgers was a partnership with Los Angeles, how are we going to win? Drive championships and drive passion.
“The Premier League is the best. You can never predict these things, one of the good things about them is that they are relationship oriented, people, they are unlikely to go on sale and sold at auction.
“So by developing long-term relationships and getting to know them, if something happens, I don’t know. But I learned a lot about the fan base and the global opportunities.
Jack RathbornMarch 25, 2022 11:49 a.m.
Chelsea takeover: Johnson’s offer rejected
Woody Johnson, the heir to the Johnson & Johnson pharmaceutical empire and owner of the New York Jets, had his offer rejected.
“What Chelsea need right now is longevity and stability when it comes to new ownership. Woody and his team believe they can provide that,” a source previously said. The sun.
“He successfully led the Jets and knows the sports industry tremendously. And he has spent the last four years in London and knows it well.
Tom KershawMarch 25, 2022 11:39 am
Chelsea’s Romelu Lukaku and Hakim Ziyech hang out in New York during the international break
Romelu Lukaku and Hakim Ziyech spent the international break in the United States.
The Chelsea stars were on the pitch for the Brooklyn Nets to beat the Utah Jazz at Barclays Center.
Jack RathbornMarch 25, 2022 10:25 a.m.
Chelsea takeover: Saudi Media Group reacts to absence from shortlist
SMG manager Khalid Al Khudair, a member involved in the Saudi bid to take over Chelsea, has reacted by not being on the shortlist to buy the Blues.
Jack RathbornMarch 25, 2022 10:15 a.m.
Chelsea FC news live updates: Sir Martin Broughton and Todd Boehly offers shortlisted as fans reject Ricketts family offer
Source link Chelsea FC news live updates: Sir Martin Broughton and Todd Boehly offers shortlisted as fans reject Ricketts family offer