John Terry ‘top group’ looking to buy 10% of Chelsea for £250m

Chelsea legend John Terry is said to be joining True Blue group, hoping to buy a percentage of the club’s shares along with another contractor who will own the rest.

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Former Chelsea and England players John Terry and Claire Rafferty are said to be ready to join a consortium in a bid to bid £250m for a 10% stake in the club. Premier League club.

The Blues were put up for sale by Roman Abramovich earlier this month, as the Russian billionaire prepared to end his 19-year stay at Stamford Bridge. The 55-year-old was later sanctioned by the UK government for his association with Vladimir Putinforcing the club to operate under strict financial regulations.

That new operating license forbids Abramovich from making money from the sale, but the government is happy to allow a takeover to Chelsea to continue to be able to fulfill its functions and obligations. Several parties are said to be in the works, with US commercial bank Raine Group facilitating the sale, along with the UK government.

The deadline for bids has been set for Friday (March 18) at 9pm UK time, by which time the list of potential suitors will be reduced to three, prior to the offer. best accepted. According to Goal, Chelsea legends Terry and Rafferty are set to announce their intention to enter a peer-to-peer auction, with ‘True Blue’ conglomerate hoping to buy a percentage of the club.

Terry, 41, recently delved deeper into the world of NFTs and the bid is said to promise a ‘high-tech approach’ that, among other things, will enable supporters, players and employees buy fan tokens and effectively own shares of the club. Along with two former players, controversial Conservative Party sponsor David Meller is also involved in the consortium.

Meller has appeared on headlines in Coronavirus pandemic after he was awarded £164m in contract with Covid after his company was called a ‘VIP lane’. Meller Designs has received six contracts to supply personal protective equipment from the Department of Health and Social Care, where it was later revealed he has donated nearly £60,000 to the Tory party since 2009.

John Terry is tipped to head the True Blue consortium which will allow fans, players and staff to effectively own shares in the club.


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The businessman was also forced to resign as the non-executive director of the Department of Education in 2018. This came after a secret report on the Presidents’ Club Charity Dinner, of which Meller was the chairman. joint president, revealing stories of sexism and harassment at the event.

Harley Kisberg, founder of iTech Media, and Stanford Loudon, an investment banker also part of the True Blue group, are hoping to tie himself to another bidder in the race. The plans have been presented to prominent fans, according to Goal, with Kai Havertz and Cesar Azpilicueta said to be lining up to be shared for their feat.

British billionaire Nick Candy is another on the list of potential buyers

The idea of ​​making terms for supporters to buy shares in the club could be appealing, after the Chelsea Supporters’ Union floated the idea of ​​a ‘Golden Share’ that would protect important pieces of the legacy. club. This could allow the Blues to veto a controversial decision to join the European Super League, which the club will be forced to refuse following backlash from supporters.

And while Raine and the government are unlikely to get contractors to comply with that request, British billionaire and Chelsea fan Nick Candy has revealed plans to appoint a fan representative to the board. , if he succeeds.

“A representative for Mr Candy told Evening Standard: “Mr Candy is deeply concerned about the future of the club and believes that the fans and community are central to the club’s continued success. If his bid is successful, Mr Candy will campaign to have fans represented on the Board so that supporters become part of the decision-making process.

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