{"id":289332,"date":"2023-09-20T09:05:01","date_gmt":"2023-09-20T09:05:01","guid":{"rendered":"https:\/\/sportstoft.com\/?p=289332"},"modified":"2023-09-20T09:05:01","modified_gmt":"2023-09-20T09:05:01","slug":"john-terry-may-buy-stake-in-chelsea-and-deal-could-help-build-new-stadium","status":"publish","type":"post","link":"https:\/\/sportstoft.com\/soccer\/john-terry-may-buy-stake-in-chelsea-and-deal-could-help-build-new-stadium\/","title":{"rendered":"John Terry ‘may buy stake in Chelsea’ and deal could help build new stadium"},"content":{"rendered":"

Boehly’s Chelsea revolution continues after \u00a365m purchase for new stadium<\/h3>\n

Chelsea icon John Terry has joined a group of investors interested in purchasing a small stake in the club from co-controlling owner Todd Boehly. Reports suggest the former captain is keen to get involved by acquiring a minority share in the Premier League club, with Boehly and his partners likely to be open to such a proposal if the terms are agreeable to help achieve their long-term goals.<\/p>\n

Terry and his partners are planning to submit an offer for a 10 per cent stake in the west London club. According to the Daily Telegraph, it would involve attracting fan investment through an online platform called PrimaryBid, which allows investors ‘fair access’ to invest in companies looking to raise capital.<\/p>\n

Anand Sambasivan, the company’s co-founder and chief executive, is a Chelsea fan and season-ticket holder at Stamford Bridge. And he is keen to make an offer, although there are some doubts as to whether Terry’s consortium can raise enough cash to tempt Boehly.<\/p>\n

The American billionaire, along with partners Behdad Eghbali and Jose E. Feliciano from hedge fund Clearlake Capital. completed a \u00a32.5 billion takeover in May 2022 through his holding company BlueCo. As part of the takeover, they agreed to invest at least a further \u00a31.75bn in the first team, women’s team and new stadium rebuild on the site of Stamford Bridge.<\/p>\n

READ MORE <\/strong> Chelsea boss Mauricio Pochettino may have to snub John Terry due to James’ dad[INSIGHT] <\/strong><\/p>\n

<\/p>\n

Clearlake own a 60 per cent majority share in the club, with the remaining 40 per cent divided between Boehly, Hansjorg Wyss and Mark Walter. It is not yet clear which party would agree to sell up if Terry’s group were to be successful in purchasing the stake.<\/p>\n

Boehly replaced Roman Abramovich as owner after the Russian was sanctioned by the UK Government shortly after Russia invaded Ukraine in February 2022. But his first 16 months at the helm have been rocky to say the least, despite spending \u00a31bn gross on transfers, and having a popular figure at the club such as Terry may help smooth things over with the fans.<\/p>\n

Terry has already tried to have his say in Chelsea’s future. He was a key part of the ‘True Blue’ consortium during the official bidding process. However, US financial firm Raine were chosen to handle the process and it was always likely they would plump for Boehly, who also has a stake in MLB franchise LA Dodgers.<\/p>\n

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<\/p>\n

The 42-year-old – who made 717 appearances for his boyhood club across an 18-year career – is still working with tech supremo Harley Kisberg, who was part of the original group, over a potential bid for a stake in Chelsea using PrimaryBid.<\/p>\n

The report suggests that Boehly would favour an equity investment, with the ‘impression’ that a 10 per cent stake could help the club achieve their targets of building a new stadium, modernising their training complex at Cobham and even expanding their multi-club model beyond RC Strasbourg.<\/p>\n

Recently, the club agreed the \u00a365m purchase of the 1.2-acre site owned by charity Stoll, which if approved will go some way to aiding their plans to rebuild Stamford Bridge.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Boehly’s Chelsea revolution continues after \u00a365m purchase for new stadium Chelsea icon John Terry has joined a group of investors interested in purchasing a small […]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":289331,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-289332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-soccer"],"yoast_head":"\nJohn Terry 'may buy stake in Chelsea' and deal could help build new stadium - Sportstoft<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sportstoft.com\/soccer\/john-terry-may-buy-stake-in-chelsea-and-deal-could-help-build-new-stadium\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"John Terry 'may buy stake in Chelsea' and deal could help build new stadium - 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