• Loading stock data...
Sunday, May 11, 2025
Join us May 14 at 1 p.m. ET for Future of Sports: Leagues of Their Own Register Now

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.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Apr 18, 2024; Los Angeles, CA, USA; Stanford Cardinal vs Grand Canyon University Antelopes during the MPSF Men's Volleyball Championship at Galen Center.

‘What Just Happened’: Inside the Abrupt End of Grand Canyon Men’s Volleyball

Inside Grand Canyon’s shocking decision to cut men’s volleyball.
Mar 26, 2025; New York, New York, USA; Actor and filmmaker Spike Lee (l) greets former professional boxer Floyd Mayweather Jr. during the game between the LA Clippers and the New York Knicks at Madison Square Garden.

‘Friends of the Garden’: Inside the NBA’s Most Exclusive Celebrity Suite

“Among the titans of industry, deals are done at Suite 200.”
exclusive

Shams Charania on Draft, Breaking Dončić Trade, ‘Whirlwind’ ESPN Tenure

Charania will work on his first NBA draft lottery for ESPN on Monday.

Featured Today

Fat Perez reacts after hitting his shot on the 16th tee during the WHOOP Shot at Glory on the 16th hole at TPC in Scottsdale on Feb. 5, 2025.

Golf Influencers Are the New Currency for PGA Tour and LIV

YouTube golf is big business. The rival tours are staging formal events.
Feb 8, 2025; New York, New York, USA; New York Knicks assistant coach Rick Brunson talks with New York Knicks guard Jalen Brunson (11), forward Mikal Bridges (25), and guard Josh Hart (3) during a timeout in the third quarter against the Boston Celtics at Madison Square Garden.
May 6, 2025

Before the Villanova Knicks, There Were the Kentucky Celtics

Three decades ago, Boston tried its own version of the college-teammate experiment.
Mar 22, 2025; Miami, FL, USA; Joao Fonseca (BRZ) reacts after winning a point against Ugo Humbert (FRA)(not pictured) on day five of the Miami Open at Hard Rock Stadium.
May 6, 2025

João Fonseca Is a Teen Tennis Phenom. His Parents Are Overseeing His..

The Brazilian is forgoing a management team in favor of his parents.
Athlos
May 4, 2025

Nike Wants to Pull Off the First Women’s Sub-4:00 Mile

Experts speak on whether Nike’s “moonshot” is realistic or a gimmick.

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Portfolio Players is our bi-weekly spotlight on the athletes and investors reshaping the business of sports. This week, venture capitalist Kai Cunningham unpacks why athletes land top deals and how the usual investing rules don’t always apply.
March 20, 2025

Maxx Crosby’s Agent: Edge Rushers Set to Dominate NFL’s Non-QB Market

Maxx Crosby just signed a three-year, $106.5 million extension.
March 4, 2025

Eagles Make Saquon Barkley NFL’s Highest-Paid Running Back Ever

Barkley is coming off a historic 2024 season with the Eagles.
February 18, 2025

Tiger Woods Signs First PGA Tour Player to Wear Sun Day Red

Karl Vilips will wear Sun Day Red at his season debut at the Mexico Open.
Teammates embrace during matchup in The Hundred cricket league
February 15, 2025

Google, Microsoft, Adobe CEOs Buy Stakes in Cricket League

The England and Wales Cricket Board raised £520m by selling team stakes.