Sport

Soccer-Terry supports the True Blues consortium’s bid to secure a 10 per cent stake in Chelsea

FILE PHOTO: Chelsea's John Terry celebrates with the trophy after winning the Premier League
FILE PHOTO: Britain Football Soccer – Chelsea v Sunderland – Premier League – Stamford Bridge – 21/5/17 Chelsea’s John Terry celebrates with the trophy after winning the Premier League Action Images via Reuters / John Sibley Livepic

March 19, 2022

LONDON (Reuters) – John Terry will seek to help protect Chelsea’s “history and legacy” by joining the True Blues consortium to buy a 10 per cent stake in the Premier League club, which is set to represent used by the fans, the former captain said on Saturday.

The consortium is made up of former players, including Terry and Claire Rafferty, former Chelsea women’s team player, as well as British entrepreneurs and supporters.

It is advised by Oakvale Capital, a leading M&A and strategic advisory boutique focused on the gaming, gaming and esports sectors. Chelsea Pitch Owners and the Chelsea Supporters’ Trust have also backed the plan in principle.

“Chelsea has been such an important part of my life for 22 years,” Terry wrote on Twitter. “I want the club’s history and legacy to be protected as we enter a new era with like-minded people who share the same long-term vision of building the best football club in the world.

“Having met with the True Blues Consortium and heard what it’s about, I know they get it

“They are a group of lifelong Chelsea fans and season ticket holders who have developed a concept that complements and supports each preferred bidder who runs the club while creating fan connections and engagement with the board.”

Three bids to buy Chelsea were made by groups led by British real estate developer Nick Candy, the Ricketts family, owners of the Chicago Cubs, and couple Martin Broughton and Sebastian Coe, president of World Athletics.

European champions Chelsea were originally put up for sale by owner Roman Abramovich after Russia invaded Ukraine before the British government imposed sanctions on the oligarch, effectively putting him in control of the club.

Terry won five Premier League titles and five FA Cups as well as the Champions League in 2012. He made 717 appearances for the London club between 1998 and 2017.

(Reporting by Aadi Nair in Bengaluru; Editing by Ken Ferris)

https://www.oann.com/soccer-terry-backs-true-blues-consortiums-bid-to-secure-10-stake-in-chelsea/?utm_source=rss&utm_medium=rss&utm_campaign=soccer-terry-backs-true-blues-consortiums-bid-to-secure-10-stake-in-chelsea Soccer-Terry supports the True Blues consortium’s bid to secure a 10 per cent stake in Chelsea

Ashley

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