John Terry could buy a stake in Chelsea after teaming up with a technology mogul.
With co-owner Todd Boehly open to outside investment, Terry could be about to get involved financially with the club, where he enjoys legendary status. According to The Telegraph, the former England defender is part of a group that is looking at buying a 10% stake in the Stamford Bridge club.
The report says the stake would incorporate fan investment via PrimaryBid, an online technology and investment platform which is co-owned by Anand Sambasivan, a Blues season-ticket holder. Sambasivan is also PrimaryBid’s chief executive.
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Terry has explored buying into Chelsea in the past and was part of the True Blue consortium which looked at buying the club following the swift departure of Roman Abramovich in the wake of Russia’s invasion of Ukraine, though it was Boehly and Clearlake Capital who ultimately took over the club. Clearlake owns around 60% of Chelsea, with the remaining equity divided between Boehly, Hansjorg Wyss and Mark Walter.
The Terry consortium is far from the only group interested in buying into the club. Other firms and individuals, including US-based Ares Management, previously linked to Manchester United, are also looking into the possibility of investing in Chelsea.
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Boehly would reportedly favour an equity investment, with the 10% figure mentioned potentially going towards the club’s new stadium project and revamping their Cobham training base.
Terry remains involved with Chelsea as he works within the club’s academy. He has also recently embarked on a one-man tour, ‘An Evening with John Terry’ which sees him talk about his career with the Blues, Aston Villa and England.
Terry has been criticised for charging £100 for an autograph during the nights, although he has since insisted proceeds from the events will go to his John Terry 26 Foundation.
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