NBA chairman Larry Tanenbaum eyes Chelsea FC consortia April 11, 2022 The chairman of the National Basketball Association Larry Tanenbaum has joined one of the leading consortiums gearing up to takeover Chelsea FC. Backing Steve Pagliuca’s offer for the London club, sources told Mark Kleinman for Sky News that Tanenbaum has joined the Facebook co-founder Eduardo Saverin in backing the upcoming bid. As well as chairing [...]
Mystery surrounds Roman Abramovich poisoning in Kyiv but seen as ‘firm warning’ to Chelsea owner as fresh details emerge March 29, 2022 The suspected poisoning of Russian billionaire and Chelsea FC owner Roman Abramovich was not intended to kill him and the two Ukrainian representatives, the lead Russia investigator with investigative news outlet Bellingcat has said. Christo Grozev told Times Radio the “most plausible” explanation for the alleged poisoning was that it was a warning to Abramovich. [...]
Roman Abramovich ‘poisoned’ during Russia-Ukraine peace talks March 28, 2022 Chelsea owner Roman Abramovich reportedly suffered the symptoms of poisoning when he attended peace negotiations between Russia and Ukraine.
Chelsea’s bankers tell bidders to commit £1bn for club’s future March 26, 2022 Chelsea FC’s bankers have told those left in the race to acquire the team to commit at least £1bn to finance the club’s future. Former British Airways and Liverpool FC chairman Sir Martin Broughton as well as former Olympian Lord Coe feature among those making a play for the team. The bidders are expected to [...]
Chelsea bankers reject bids from Saudi Media Group and Woody Johnson March 24, 2022 The sale of Chelsea took a major step towards conclusion today when a number of bidders, including Saudi Media Group and Woody Johnson, were reportedly rejected. US bank the Raine Group, hired to sell the club by sanction-hit owner Roman Abramovich, contacted a number of unsuccessful bidders as it whittled down would-be buyers. Saudi Media [...]
Ed Warner: Does it really matter if Chelsea buyers are true Blues fans? March 24, 2022 Who are the wannabe owners of Chelsea trying to impress when they flaunt their fandom? Investment bank the Raine Group is only likely to give a jot when someone first stood in the Shed, or how long they’ve sat in the same seat in the Matthew Harding Stand, if this matters to HM Treasury. If [...]
Chelsea handed £30m cash boost and permission to sell tickets as government relaxes licence March 23, 2022 Chelsea have been handed a £30m boost from the government and given permission to sell some tickets again. The strict licence that the Premier League club has been operating under since owner Roman Abramovich was sanctioned was relaxed slightly today. It means Chelsea can receive up to £30m from their parent company “in respect of [...]
World’s richest football clubs: Manchester City top Deloitte Money League for the first time March 21, 2022 Manchester City have been named the world’s richest football club in the latest edition of Deloitte’s Football Money League. City topped the list, which is based on revenue, for the first time after increasing their income to €645m (£571m) in 2020-21 – despite the effects of the pandemic. The Premier League champions climbed five places, [...]
Abramovich used football to wash himself clean, now Chelsea must tidy itself up March 21, 2022 The cynicism with which Roman Abramovich entangled good things into his ownership of Chelsea puts the real gains made under his tenure at risk. As a Chelsea fan, he was a person I felt some pride in. He invested in the club, and helped it win. He also created generational role models and changed the [...]
Chelsea takeover battle: Broughton and Coe gain favour within government March 19, 2022 Sir Martin Broughton and Lord Coe’s takeover bid for Chelsea has received a warm welcome from within the government, it has been reported. Broughton and Coe are heading a consortium endeavouring to buy Chelsea after sanction-hit owner Roman Abramovich was forced to slash ties with the club. Treasury officials are to review the preferred bidder [...]