Sale of Chelsea: Terry rolls with Pagliuca

The sale of Chelsea continues behind the scenes in recent days. John Terry is at the head of a consortium aiming to buy 10% of the shares of the London club. He revealed which takeover candidate he is partnering with.

The True Blues consortium set up by John Terry has backed Chelsea’s takeover bid made by Stephen Pagliuca. Through his possible arrival in the capital of his former club, the former captain wants to give the floor to the supporters. In particular through shares when more than 10,000 of them have already expressed their desire to buy these shares, reports the Telegraph.

John Terry wants to involve fans in Chelsea

John Terry is one of the founders of the True Blues Consortium. It is made up of a group of wealthy supporters aiming to buy ten per cent of Chelsea FC in the next sale. The organization claims to have raised 250 million euros which it hopes to devote to the purchase of shares in the London club from the future owner. And this regardless of the lucky winner. But the consortium is already showing its preferences by publicly declaring its love for the takeover project led by Stephen Pagliuca.

The True Blues consortium makes its choice

After meeting with Stephen Pagliuca, the True Blues Consortium decided to publicly endorse this attempted purchase of Chelsea: “Having been received by all the takeover candidates, we were recently able to spend some time with Steve and Larry and get to know their offer. We are once again convinced that they are aligned with the Chelsea fans. And of course they have experience in this area as a sports team owner. We believe the club is in a privileged position. We look forward to continuing the dialogue with them. » says a statement.

An experienced consortium

As a reminder, the Boston Celtics co-owner, Steve Pagliuca, is supported by Larry Tanenbaum, the president of the NBA. On the other hand, the consortium also includes the former director of Walt Disney, Bob Iger, and Eduardo Saverin, one of the founders of Facebook.

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