• Loading stock data...
Wednesday, June 4, 2025

Chelsea Bid Gets Backing From Serena Williams, Lewis Hamilton

US-Open
Danielle Parhizkaran-USA TODAY SPORTS

Final bids for Chelsea FC were submitted last week — and now two of the world’s top athletes are entering the mix.

According to Sky Sports, 23-time Grand Slam singles champion Serena Williams and seven-time Formula 1 world champion Lewis Hamilton have joined Sir Martin Broughton’s consortium, agreeing to invest roughly $13 million each should the group win the bid. The team could fetch around $4 billion.

Reports suggest that private-equity billionaires Josh Harris and David Blitzer, who own and run Harris Blitzer Sports and Entertainment — the owner of the Philadelphia 76ers and the New Jersey Devils — would hold the controlling stake in the bid but would need to sell their Crystal Palace shares.

Broughton’s Barriers

One of the remaining three bidders is the consortium led by Boston Celtics co-owner Steve Pagliuca, who said this week that he intends to remain owner of the club for his “lifetime” if his bid is chosen.

  • Pagliuca also owns a majority stake in Atalanta and would be required to sell some of his shares, as UEFA rules block clubs controlled by a one entity from playing in the same competition. 
  • However, Pagliuca said he would look to create a partnership between the teams. 

The third consortium is led by Todd Boehly, an owner of the Los Angeles Dodgers, Lakers, and Sparks. He’s joined by Swiss billionaire Hansjorg Wyss and property developer Jonathan Goldstein, with backing from Clearlake Capital.

Raine Group is expected to announce the winning bid this week.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jun 4, 2025; Paris, FR; Coco Gauff of the United States celebrates winning her match against Madison Keys of the United States on day 11 at Roland Garros Stadium.

Coco Gauff Is Last Hope for U.S. to End French Open Drought

Gauff last made the French Open final in 2022.

361st-ranked Boisson Stuns at French Open, Quintuples Career Earnings

The 2025 French Open is Boisson’s first Grand Slam.
May 27, 2015; Paris, France; Mirjana Lucic-Baroni (CRO) knocks the clay off her shoe during her match against Simona Halep (ROU) on day four of the French Open at Roland Garros

Roland-Garros’s Iconic Red-Clay Surface Is a Precise Alchemy

The exact science behind maintaining the French Open’s red clay.
Dec 26, 2024; Indianapolis, Indiana, USA; Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) dribbles the ball while Indiana Pacers guard Bennedict Mathurin (00) defends in the second half at Gainbridge Fieldhouse.

NBA Finals Ticket Prices Down 25%, Still Average Over $1,000

The NBA Finals tip off Thursday in Oklahoma City.

Featured Today

Alex Jensen introductory press conference on Monday, March 17, 2025.

Alex Jensen Started Utah Utes HC Job While Still Coaching the Mavs

How Jensen began building an NCAA program while patrolling the Dallas sideline.
May 31, 2025

PSG and the City of Paris Can Join European Soccer’s Elite

What a maiden Champions League title would mean for the French club.
May 30, 2025

How the Champions League Anthem Took on a Life of Its Own

The composer didn’t know he wrote a timeless hit three decades ago.
May 25, 2025

How Rolex Paved the Way for Luxury’s Love Affair With Tennis

“It’s almost impossible to think about tennis without thinking about Rolex.”
Thibs

Knicks Fire Tom Thibodeau in Stunner After Deep Playoff Run

Thibodeau led the Knicks to four playoff appearances in five seasons.
June 3, 2025

Aces Players Get Second $100K Bonus As WNBA Probe Drags On

The sponsorship money is about $35,000 more than the minimum annual WNBA salary.
A Chelsea FC banner is waved over the field at Stamford Bridge stadium.
June 3, 2025

U.K. Threatens to Take Former Chelsea Owner to Court for Billions from..

Abramovich sold Chelsea in 2022 for $3.4 billion.
Sponsored

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

In Episode 7 of Portfolio Players, go inside the boardroom with Avenue Capital CEO and former Milwaukee Bucks co-owner Marc Lasry on Giannis’s future, women’s sports, and upstart leagues like TGL and Unrivaled. 
June 2, 2025

NiJaree Canady’s $1 Million Arm Slays Softball Favorite Oklahoma

NIL star Canady leads Tech to the Finals in her first season.
Dec 23, 2024; Green Bay, Wisconsin, USA; General view of the Vince Lombardi statue outside of Lambeau Field prior to the game between the New Orleans Saints and Green Bay Packers.
June 2, 2025

Publicly Owned Packers Make a Rare Leadership Change

Ed Policy will lead the NFL’s only publicly owned franchise.
June 2, 2025

Rockies Hit New Low With No Clear Answers in Sight

The club is on pace to become the worst in baseball’s modern era.
May 31, 2025

Pacers-Thunder Is Lowest-Payroll NBA Finals in Years

Neither team is in the luxury tax, despite rosters with multiple All-Stars.