John Terry ‘exploring buying a stake in Chelsea’ just months after Todd Boehly’s £4.25m takeover
JOHN TERRY is reportedly part of a group “exploring the prospect” of buying a stake in Chelsea.
And co-controlling Blues owner Todd Boehly is believed to be open to the investment.
GettyJohn Terry is reportedly looking to purchase a stake in Chelsea[/caption]
GettyThe ex-Blues captain is part of a group looking to secure a 10 per cent stake in the club[/caption]
The legendary former Chelsea skipper, 42, and his partners are believed to be keen on purchasing a 10 per cent stake.
The Telegraph claims that “would incorporate fan investment through the online technology platform PrimaryBid”.
Their chief executive Anand Sambasivan, who was also co-founder of PrimaryBid, is a Stamford Bridge season-ticket holder.
However, Terry’s group is just one of a number of potential investors keen but there are question marks over whether “they can raise enough cash”.
Terry, who led Chelsea to five Premier League titles, five FA Cups, three League Cups, the Europa League and and Champions League during his glittering 22-years at the West London giants, has previously looked into investing in his former employers.
He was also part of a “True Blue” consortium that was keen to buy the club from Roman Abramovich before Boehly and Clearlake Capital bought it last summer for £4.25m.
That resulted in Clearlake owning 60 per cent of Chelsea, while the rest of it is divided between Boehly, Mark Walter and Hansjorg Wyss.
Even though ex-defender Terry missed out in 2022, he and one member of the original group remain keen on buying a stake.
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But other firms from and individuals are also, including US-based Ares Management, the firm that looked to invest in Manchester United in the past.
This fresh report claims that Boehly “would favour an equity investment, with sources under the impression that a 10 per cent stake in the club is available to help big-ticket growth prospects such as the new stadium project, Cobham redevelopment plans and to expand their multi-club model”.
It adds that Terry “is still working with tech businessman Harley Kisberg, who was part of the original True Blue group, over a potential bid for a stake” in the Blues.
And they report that it involves fan investment through PrimaryBid, who are registered with the Financial Conduct Authority and described as an “online investment platform designed to help large pools of investors buy shares in companies”.
Terry, who is currently helping out at Chelsea’s academy, was in Boehly’s box at Stamford Bridge for their recent victory over Luton Town – although investment talks are not believed to have been discussed.
JT has also been in talks with Saudi Arabian club Al-Shabab about a UK-based role that would potentially see the icon help on player recruitment.