Chelsea icon John Terry is attempting to invest in the club
John Terry is contemplating buying stakes in Chelsea, with Todd Boehly open to new investment at the club after exorbitant spending in transfer windows under his tenure so far.
According to the Telegraph, (h/t Mirror), the former centre-back has a few options for those who want to invest in Chelsea. He appears to be teaming up with the chief executive of online technology platform PrimaryBid, Anand Sambasivan, and businessman Harley Kisberg to make an offer together.
It is understood the former captain will be hoping a 10% stake in the club with fan investment also on the table. Terry expects he will have a chance this time after his side ‘True Blue’ consortium were beaten by Boehly’s Clearlake Capital during the takeover of Chelsea’s ownership.
This time again, he will face competition from Ares Management, which earlier made an approach for investment at Manchester United. However, Boehly will have a big decision to make and is open to another investment at the club, as it will help in many future projects, including the redevelopment of Stamford Bridge and the expansion of Cobham and Clearlake’s multi-club model.
The Blues’ financial situation has been impacted by excessive expenditure and failure to qualify for the Champions League, so it will be ideal if additional investment also includes a former player who is familiar with the club from the inside out.
Boehly will need to decide on this, though, as he will undoubtedly want as much profit as he can obtain, whether it comes from Terry or Ares management. The team may sell more players during the winter transfer window as they continue to try to balance their books.
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Aside from financial gain, Terry’s presence benefits Chelsea because he is familiar with the team and can help it grow or create something new. More so, he is someone who gets the pulse of the club and knows what the culture in Blue is about. The American businessman must make a significant decision, so let’s see who he chooses.
