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Why Glazers keeping hold of Man Utd could be good news for Chelsea as Blues directors make decision


CHELSEA could receive a boost if the Glazers decide to keep hold of Manchester United.

Both clubs are on the search for investment with Blues owner Todd Boehly reportedly open to offers.

The Glazers refusing to sell Manchester United could benefit ChelseaCredit: PA
Todd Boehly is open to investment offersCredit: Rex

One has come in already from Ares Management – an investment firm who are understood to be willing to invest £400million in the club.

John Terry is said to be fronting another group, but there could be a wave of offers for Chelsea to consider if the Glazers choose to stay at United.

The Americans have received bids from Qatari Sheikh Jassim, as well as Ineos owner Sir Jim Ratcliffe.

But the Glazers were also considering an alternative – to seek investment in return for a percentage of shares in the club.

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That is believed to be co-owner Avram Glazer’s preferred option, and Elliott Management were one group that showed interest in investing earlier this year.

Other firms have been linked but they could be forced to look elsewhere if the Glazers refuse to sell, which now appears likely with reports claiming they now want £10billion for the club.

Some Chelsea directors feel that provides them with an opportunity to secure extra finance, per Nizaar Kinsella, though Tottenham and Liverpool are also said to be seeking investment.

The Blues are seeking money to fund expansion projects including the redevelopment of Cobham and a new stadium, which could cost upwards of £1.5bn.

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Boehly and co-owner Behdad Eghbali are also looking to add more teams to their portfolio, with Portuguese side Sporting Lisbon identified as a potential feeder club.

Club sources insist new investment will go towards new projects – not money already spent.


Source: Soccer - thesun.co.uk


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