Tuesday, July 21, 2026

Chelsea Bidders Bulk Up for Final Stretch

  • Chelsea FC bidders are adding high-profile members and eyeing partnerships.
  • A preferred bidder could emerge this week.
Chelsea-FC
Chelsea FC

The remaining three bidders for Chelsea FC are strengthening their groups and eyeing potential hires and partnerships.

The consortium led by Sir Martin Broughton, which includes Philadelphia 76ers, Crystal Palace FC, and New Jersey Devils’ co-owners Josh Harris and David Blitzer, is bringing on billionaire Alejandro Santo Domingo.

Santo Domingo, a board member of Budweiser-owner AB InBev, will hold a minority stake in the team if the bid is successful.

  • The consortium led by Los Angeles Dodgers co-owner Todd Boehly and private equity firm Clearlake added George Osborne, Chancellor of the Exchequer under Prime Minister David Cameron from 2010 to 2016.
  • The group, which also includes Swiss billionaire Hansjorg Wyss, hired Robey Warshaw, an advisory firm Osborne joined in 2021.
  • Robey Warshaw is working with Goldman Sachs as advisors on the bid.

The Raine Group is expected to announce its preferred bidder in the coming weeks, but may wait for the Premier League to clear all three finalists first.

Atalanta Tag Team?

The third remaining bidder, Boston Celtics co-owner Stephen Pagliuca, also owns Serie A club Atalanta. It has been presumed that he would have to sell his stake in the Italian team if the bid is successful, but Atalanta CEO Luca Percassi is envisioning a partnership.

“An axis of collaboration could be created which for Atalanta would be very precious,” Percassi said, saying that the two clubs could strike favorable deals through the player transfer market.

UEFA rules state that if two teams with the same majority ownership are scheduled to play one another, one team would have to forfeit.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Tom's Watch Bar

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Jake Paul on Women’s Sports, Prediction Markets & $100M Investment Fund

0:00

Featured Today

Pillow Fight Championship

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.
July 2, 2026

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
June 26, 2026

What We Saw Traveling the U.S. for the World Cup Group Stage

The knockout stage begins Sunday.
June 26, 2026

In an Era of $1,000 Tickets, $10 Watch Parties Bring Fans Together

Stadium watch parties now rival home-game experiences.
Topgolf celebrates the grand opening of its newest location in Parsippany, N.J., on July 2.

‘Golf Is Having a Moment’: Topgolf CEO Talks Expansion Plans

Leonard Green & Partners acquired a 60% stake in Topgolf.
June 5, 2026

Tottenham Boardroom Rivalry Ends With Former Chairman’s Exit

Spurs say they “don’t know anything about” the deal.
Aksha Bhatia, Max Homa, and Tiger Woods of Jupiter Links before a TGL match against New York Golf Club at SoFi Center on January 13, 2026, in Palm Beach Gardens, Florida.
July 6, 2026

Versant Buys Woods-Backed Golf Simulator Company for $530M

Full Swing is the predominant technology used by TGL.
Sponsored

Inside the EY 2026 Sports Engagement Index: The Real Map of American Sports Participation

EY’s latest index explores how shifting U.S. fan behaviors are expanding the definition of sports engagement.
Charlie Pliner and Nikolas Rohrmann
May 22, 2026

How 2 Brown Undergrads Became Sports Dealmakers

An experimental project turned into a permanent course and business deal network.
Casey Wasserman, Chairperson and President of LA28, during the media conference celebrating the 1000-day countdown to LA28 at Devon Park in Oklahoma City, Monday, Oct. 20, 2025.
May 8, 2026

Wasserman Buyers Narrow as PE Conflicts Sideline Major Firms

Private-equity firm TA Associates has removed itself from the running.
April 23, 2026

Want to Own a 100-Year-Old Austrian Soccer Team for $500?

Vestible’s first team is Kapfenberger SV 1919.
April 16, 2026

How Taylor Swift’s Catalog Led Her Former Label Boss Into Sports

Scott Borchetta profited greatly from the sale of Swift’s masters.