The English Premier League is already full of American dollars but more could be on their way with one of Europe’s most successful soccer teams on the market.
John W Henry leads Red Sox’s Fenway Sports Group (FSG) in running Liverpool FC, the Glazer family, who also own Tampa Bay Buccaneers, are in charge at Manchester United. Arsenal is run by an American with Super Bowl-winning Rams owner Stan Kroenke in charge while San Francisco 49ers’ owner Jed York has a minority stake in Leeds United.
Teams at the top of the soccer world in England rarely get put up for sale and so it has put many of America’s billionaires on alert ahead of the March 15 deadline for offers.
Current Chelsea owner Roman Abramovich has hired American merchant bank, the Raine Group, to help oversee the sale and any interested bidder must submit their offer to them by next Tuesday.
It is reported that around 20 parties have expressed interest but only a handful are seen as credible.
Abramovich is in a rush to sell, though, as he could be sanctioned by the British Government as soon as next week after Russia invaded Ukraine.
Todd Boehly, part owner of Major League Baseball’s LA Dodgers, is pulling together a consortium with Swiss billionaire Hansjorg Wyss. Meanwhile Josh Harris, owner of the NBA’s Philadelphia 76ers, as well as New York Jets owner Woody Johnson, are also reportedly in the frame for the London soccer team, which Abramovich has valued at $3.95 billion.
Abramovich accepts that price is highly unlikely to be met but he is keen not to cash in on the UEFA Champions League winners on the cheap.
But time marches on and the deadline is approaching. Dailymail.com assesses the names linked with taking the reins from Abramovich so far.
Prospective buyers have until March 15 to file bids to take Chelsea off the hands of Roman Abramovich (above), who wants to sell the club before he is potentially sanctioned by the UK Government after Russia’s invasion of Ukraine
Josh…
Source : dailymail
