Chelsea Sales: Here Are The New Potential Chelsea Owners

The Chelsea sale process has gone slower than expected, since Roman Abramovich announced his intensions to put the club up for sale early in the month of March, but the Raine Group who are task with the responsibility of overseeing the sales process of the club are making sure they follow due process and not rush the sale, like it was expected.

A lot of parties showed their interest to become the next owners of the club, by submitting an official bid in the first phase of the sales process, but only four bids were selected as the best bids by the Raine Group, and were therefore qualified to progress to the second phase of the process.

The new dates was given to the qualified four parties to submit a reviewed bids for the club, which was set at the 11th of April, but the deadline was extended by three days till the 14th of April to give the bidders more time to finalize their proposal.

The deadline 14th of April has past, and only three out of the four qualified parties were able of submit a renewed bid for the club before the end of the deadline, which leaves them as the only three parties in the race to become the next owners of the club.

In this article, we will be writing on three parties that are left in the race to become the next owners of the club, according to how likely they are to be selected as the new owner of the club.

1. The Todd Boehly Consortium

The Todd Boehly led consortium were successful in submitting a reviewed bid for the club before the 14th of April deadline that was set by the Raine Group. They are seen as the most likely consortium that could win the race to become the next owners of the club.

Todd Boehly is an American based billionaire who has once shown interest in buying Chelsea in 2019 from Roman Abramovich, but his bids was turned down by the Russian billionaire, as it was considered to be short of his valuation for the club, which was believed to be in the region of £2.2 billion.

Todd Boehly has put up a consortium of wealthy billionaires, which includes Swiss billionaire Hansjorg Wyss, London-based property investor Jonathan Goldstein, Times columnist Daniel Finkelstein and Clearlake Capital.

The consortium is regarded as the front runners to be named as the next owners of the club, as they tick all boxes of the criterias that is needed by the Raine Group.

2. Sir Martin Broughton Consortium

The Sir Martin Broughton Consortium could be considered to be the second party in the front line to become the next owners of the club, as they also succeeded in submitting their final bids before the end of the Thursday deadline.

Sir Martin Broughton is a former Chairman of Liverpool and British Airways, his consortium is also backed by wealthy billionaires, Lord Sebastian Coe and others.

The consortium has experience in handling a big assets, and also have enough funds to back the club, for the team to continue enjoying success.

3. Stephen Pagliuca

Stephen Pagliuca is an American private equity investor, co-chairman of Bain Capital, and co-owner of the Boston Celtics of the National Basketball Association and Atalanta of Italian Serie A.

He has a lot of partnership with top billionaires, and his bid to buy Chelsea also includes the former Disney CEO Bob Iger and Facebook co-founder Eduardo Saverin, while having the backing of the John Terry-led True Blues Consortium.

His bid is rated as the third favorites to become the new Chelsea owner, because Stephen Pagliuca still have the largest shares as the co-owner of Serie A club Atlanta, and that could be a disadvantage to their bid, except if he downsize his shares with Atalanta.

An individual is not allowed to have the biggest shares in two European clubs.