The Blues are still without new owners after sanctions against Roman Abramovich and the deadline set by the club itself is now over for new offers.
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A new offer for the Chelsea football club has been unveiled, driven mainly by Stamford Bridge season ticket holders, who confirmed on Sunday that they had made an offer.
The UK-funded offer sees London-based asset management firm Centricu along with Cheyne Capital hedge fund manager Jonathan Lourie and Talis Capital Bob Finch who were once majority shareholders in Danish outfit FC Nordsjaelland. Together with the aforementioned duo, the co-founders of Centricus Nizar Al-Bassam and CEO Garth Ritchie are all regular at Chelsea home games.
The quartet sent their offer to the American commercial bank Raine Group, which is currently overseeing the sale, as Roman Abramovich is banned from any involvement and no profit from the sale can go to the Russian oligarch. They stressed that club director Marina Granovskaia would be part of her plans unless it is deemed inappropriate because of her own connections to Abramovich.
A statement confirming that the offer had been submitted read: “Centricus – the London-based global investment firm, has confirmed its official bid for the acquisition of Fordstam Limited (CFC Group), the parent company of Chelsea FC. Centricus will engage in z “support. the company and its key players to ensure its continued success.”
The explanation goes into more detail on how Centricus would work if its offer was accepted by the Raine Group. “If our offer is successful, Centricus would be focused on ensuring that the CFC Group achieves continued sporting excellence, high levels of community support, transparent governance, financial stability, fan engagement and exemplary deposit.”
To be successful, this latest UK-funded bid must beat proposals from a number of other key citizens, including a US-based consortium led by American businessman Todd Boehly. British real estate tycoon Nick Candy is also seeking control of the club, of which he was a living fan.
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Candy’s “Blue Football” consortium has teamed up with South Korean company C&P Sports Group to fund its offer, with its CEO saying, “We are preparing our offer. It’s time for a change.”
Candy is thought to have had a private meeting with Granovskaia and Bruce Buck after the recent 1-0 home win over Newcastle United to confirm he has secured the funding to make an offer. Saudi Media Group are another key player in this battle for ownership status and have reportedly made a £ 2.7 billion bid.
The Ricketts family, owners of the Chicago Cubs’ Major League Baseball outfit, are another U.S.-based offering the Raine Group is considering. It is believed that their offer is stronger than that proposed by Lord Sebastian Coe and Sir Martin Broughton, who are also in dispute.
Club legend John Terry is also involved in a takeover bid as part of the True Blues consortium, with the Chelsea icon taking to Twitter to explain his intentions. “Chelsea has been such an important part of my life for 22 years.
“I want to see the history and heritage of the club protected as we enter a new era with similar people who share the same long-term vision to build the best football club in the world and understand how important our DNA is. hearing what The True Blues Consortium is, I know they understand.
“They are a group of lifelong Chelsea fans and season ticket holders who have created a concept that complements all preferred bidders and helps run the club while contributing the fan connection and commitment to the board. This innovative structure is designed for all inclusive Chelsea fans to protect our club.
“I am grateful to the Chelsea Pitch owners and the Chelsea Supporters Trust for the time and support on this, and we hope we welcome investors into the new structure of the club.”
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