Serena Williams and Lewis Hamilton join bid to buy Chelsea
British business person Martin Broughton leads a consortium that aims to take over Roman Abramovich’s club
21 April 2022 - 14:20
bySimon Evans
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Stamford Bridge: The home of Chelsea, until recently owned by Russian oligarch Roman Abramovich. Picture: GETTY IMAGES/JUSTIN SETTERFIELD
Former tennis world No 1 Serena Williams and seven times Formula One world champion Lewis Hamilton have joined Martin Broughton’s bid to buy Premier League club Chelsea, a source close to the bid told Reuters on Thursday.
Former Liverpool chair Broughton’s consortium includes World Athletics president Sebastian Coe and wealthy investors from around the world who the group says all want to maintain Chelsea’s top status.
Private equity veterans Josh Harris and David Blitzer, who own sport teams including the National Basketball Association’s Philadelphia 76ers, are also backing Broughton’s bid.
Williams and Hamilton have pledged an estimated £10m each to the bid, Sky Sports reported. Hamilton’s representatives later confirmed that the 37-year-old had joined Broughton’s bid but said the financial figures quoted in the report are not accurate, without disclosing any details.
Williams is already an investor in Los Angeles’ Angel City FC, which plays in the National Women’s Soccer League.
Final bids for the club, which was put up for sale by owner Roman Abramovich following Russia’s invasion of Ukraine before sanctions were imposed on the oligarch by the British government, were submitted earlier in April.
Others on the shortlist to buy the English premiership club are LA Dodgers part-owner Todd Boehly and Boston Celtics co-owner Steve Pagliuca.
A consortium led by Chicago Cubs owners the Ricketts family pulled out of the running.
The club’s sale is being overseen by US bank Raine Group.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Serena Williams and Lewis Hamilton join bid to buy Chelsea
British business person Martin Broughton leads a consortium that aims to take over Roman Abramovich’s club
Former tennis world No 1 Serena Williams and seven times Formula One world champion Lewis Hamilton have joined Martin Broughton’s bid to buy Premier League club Chelsea, a source close to the bid told Reuters on Thursday.
Former Liverpool chair Broughton’s consortium includes World Athletics president Sebastian Coe and wealthy investors from around the world who the group says all want to maintain Chelsea’s top status.
Private equity veterans Josh Harris and David Blitzer, who own sport teams including the National Basketball Association’s Philadelphia 76ers, are also backing Broughton’s bid.
Williams and Hamilton have pledged an estimated £10m each to the bid, Sky Sports reported. Hamilton’s representatives later confirmed that the 37-year-old had joined Broughton’s bid but said the financial figures quoted in the report are not accurate, without disclosing any details.
Williams is already an investor in Los Angeles’ Angel City FC, which plays in the National Women’s Soccer League.
Final bids for the club, which was put up for sale by owner Roman Abramovich following Russia’s invasion of Ukraine before sanctions were imposed on the oligarch by the British government, were submitted earlier in April.
Others on the shortlist to buy the English premiership club are LA Dodgers part-owner Todd Boehly and Boston Celtics co-owner Steve Pagliuca.
A consortium led by Chicago Cubs owners the Ricketts family pulled out of the running.
The club’s sale is being overseen by US bank Raine Group.
Reuters
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