Stephen Pagliuca, co-owner of the Boston Celtics basketball team, has confirmed his interest in buying Chelsea, saying his takeover will ensure the club continues to be “regular winners”, never trying to join one again. European Super League is firm. at Stamford Bridge.
Pagliuca’s offer for Chelsea was included last month in a list of possible takeover options for the club by Raine Group, the US bank that handles the sale, but little has been heard from the American. who is co-chair of Bain Capital, a private investment. firm. He has now decided to make clear his intentions before submitting a formal offer before Thursday’s deadline.
In a statement, the 67-year-old said: “This process has been a shocking time for the club and the fans. In my life and career, my ethos has always been to operate smoothly, with integrity. and let my actions and results speak loudly.However, it is imperative to clarify and reassure supporters about our offer group and their commitments, to emphasize how seriously we take our potential responsibility to Chelsea.
“Our first focus and goal is to make strategic investments to continue competing for championships and trophies. We will support our players and managers to ensure that Chelsea are regular winners and contenders for the title, both in the Premier League and in the Premier League. in the Champions League or in the women’s Super League. [the only Super League we intend competing in, for the record]. In addition, we will continue to invest in the youth academy to develop the stars of the future and we would not be in this process if we did not have an exciting and inclusive vision for Chelsea.
“Our second focus will be to continue to preserve and preserve the club’s heritage and traditions. In more than 20 years of ownership of the Boston Celtics, we have never thought about changing the name, colors or logo of the club. This is our guarantee for Chelsea fans We are not only committed to staying at Chelsea’s Stamford Bridge home, but we are inspired to renovate or strengthen the stadium. world-class, with world-class fans: it deserves a world-class stadium. “
The Pagliuca consortium, which has been confirmed to include Narry president Larry Tanenbaum, is compounded by the fact that he and a group of co-investors have recently acquired a 55% stake in Italian club Atalanta. Under Uefa rules, two clubs directly or indirectly controlled by the same entity cannot be involved in the same competition, so if Chelsea and Atalanta belong to Pagliuca they both qualify for next season’s Champions League. one would have to give up.
Pagliuca, however, said he would follow all the rules and regulations required to ensure his bid for Chelsea could proceed and succeed. “We will take a substantial and credible tender proposal – one that we expect will meet the respective requirements and regulations of the Premier League, the British government and Uefa,” he said in a statement. “We are committed to honoring our commitment to the credibility and good protection of Chelsea Football Club from day one.”
Pagliuca said he had partnered with Tanenbaum and announced the other members of his consortium as former Disney chief Bob Iger; Facebook co-founder Eduardo Saverin; businesswoman Elaine Saverin; Golden State Warriors, LA Dodgers and Los Angeles FC co-owners Peter Guber; B Capital founder Raj Ganguly; venture capitalist Jim Breyer; investor John Burbank; and technology entrepreneur Div Turakhia.
The other three contenders to buy Chelsea are a consortium led by LA Dodgers boss Todd Boehly, one led by British businessman Sir Martin Broughton and Lord Sebastian Coe, and the Ricketts family, which owns the Chicago Cubs baseball team and he faced a reaction. for his desire to buy Chelsea for accusations of Islamophobia directed at Joe Ricketts, the family’s patriarch. The Chelsea Supporters’ Trust has publicly expressed concern over a takeover of Ricketts, which was followed by a fan protest outside Stamford Bridge ahead of the recent Premier League defeat to Brentford. In response, the Ricketts family said it “rejects any form of hatred in the strongest possible terms.”
On Tuesday Ricketts confirmed that if his bid was successful, Lord Karan Bilimoria, a Chelsea fan and founder of Cobra beer, as well as the outgoing president of the Confederation of British Industry, would have a seat on the board. “I founded Cobra Beer just off Stamford Bridge Road and have been a season ticket holder for several years,” Bilimoria said in a statement. “So when Tom Ricketts approached me to discuss a key role in his bidding group, there was no denying it. Tom and the wider team have a proven track record of managing successful sports teams and a vision. strong for the club and the local community ”.
Roman Abramovich, Chelsea’s owner since 2003, put the club up for sale on March 2 in response to Ukraine’s invasion of Russia. The 55-year-old was later sanctioned by the government on March 10, with Downing Street claiming to have tested his links with Vladimir Putin. Chelsea have been granted a special license to continue operating, although in strict terms, Abramovich cannot profit from the sale of Chelsea. He promised to cancel the club’s £ 1.5bn debt.