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Chelsea takeover bidder Todd Boehly-Clearlake brings in ex-Chancellor George Osborne to help with three consortiums left


FORMER chancellor George Osborne has been brought in by Todd Boehly’s consortium to help them take over Chelsea.

The US investor’s group is now one of three left in the running to buy the club from Roman Abramovich.

Boehly is one of three potential investorsCredit: AFP
Osborne has been brought in by BoehlyCredit: Getty

On Friday, the Ricketts family announced that they had withdrawn their bid for the club after facing backlash from fans.

An official statement from the group read: “The Ricketts-Griffin-Gilbert Group has decided, after careful consideration, not to submit a final bid for Chelsea FC.

“In the process of finalising their proposal, it became increasingly clear that certain issues could not be addressed given the unusual dynamics around the sales process.

“We have great admiration for Chelsea and its fans, and we wish the new owners well.”

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Osborne stood behind Abramovich as he lifted the Champions League trophy in 2012Credit: Getty Images – Getty

But now it looks like Boehly and the Clearlake Investment Group could be the frontrunners.

According to Sky News, ex-chancellor Osborne has now signed up as an advisor for the consortium.

The former Conservative minister is a lifelong Chelsea fan and season ticket holder.

Osborne even stood behind Roman Abramovich as he lifted the Champions League trophy in 2012.

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He is also a close friend of The Times columnist Lord Finkelstein, who has agreed to join the Chelsea board if Boehly’s bid is successful.

Sky News also revealed that Robey Warshaw, the City advisory firm that Osborne joined in 2021, has signed up as an adviser for Boehly.

Boehly reportedly attempted to buy the club from Abramovich in 2019, but he was unsuccessful.

He is already heavily involved in sport as an owner of Los Angeles Lakers, Los Angeles Dodgers and WNBA team Los Angeles Sparks.

The businessman also has an impressive portfolio in the entertainment industry.

He owns MRC entertainment company, which produces Netflix hit Ozark.

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Sir Martin Broughton and Lord Seb Coe’s consortium, which is funded by American financiers Josh Harris and Dave Blitzer, is also still in the race for the club.

Boston Celtics owner Stephen Pagliuca, who is backed by John Terry’s fan consortium, is another candidate, but he would have to cut his ties with Italian side Atalanta.


Source: Soccer - thesun.co.uk


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