Former Chelsea captain John Terry is reportedly leading a group of investors eyeing a stake in the Premier League giants.
According to The Telegraph, the consortium is keen on securing 10% of the club, incorporating fan investment through the online platform PrimaryBid.
PrimaryBid was co-founded by Anand Sambasivan, a devoted Chelsea season ticket holder.
The firm offers fans the opportunity to invest in their club and could potentially revolutionise how supporters participate financially in their favourite teams.
Terry’s involvement in such a venture isn’t entirely new. He was part of the ‘True Blue’ consortium during Chelsea’s last change of ownership, which saw Todd Boehly and Clearlake Capital acquire the club for £2.5 billion.
The group didn’t secure ownership then, but he remains interested in the club’s affairs.
Boehly is reportedly open to equity investment to fuel growth prospects, including the new stadium project, the redevelopment of Cobham training facilities and the expansion of the club’s multi-club model.
This potential injection of funds could be timely as Chelsea seek approval for their ambitious stadium plans.
Boehly’s recent hosting of Terry during a Chelsea match wasn’t directly linked to investment discussions, but it shows their continuing relationship and shared interest in the club’s future.
Beyond his potential involvement in Chelsea, Terry has explored opportunities in Saudi Arabian football.
He discussed a role involving player recruitment with a candidate in the presidential elections at Al-Shabab.
However, these discussions are still in their infancy.
Terry’s multifaceted involvement in football includes his work with Chelsea’s academy and a one-man tour, where he shares insights and takes questions from fans. All proceeds from this tour go to the John Terry 26 Foundation.
However, it has come to light that the foundation has not been registered with the Charity Commission, prompting an ongoing examination of its status.
Sources close to Terry indicate that efforts are underway to rectify this issue. They aim to secure Charity Commission registration by year-end.
In light of Chelsea’s ambitious stadium expansion plans and their exploration of multi-club ventures, potential investments, including Terry’s consortium, could be pivotal for the club’s future.
With an £80 million deal in place to acquire the Stoll housing site near Stamford Bridge, Chelsea could soon receive approval for their land purchase, potentially revitalising the stadium.
