While the sale of Chelsea FC is suspended, some investors are coming forward for the takeover of the London club. Like Sir Martin Broughton, former CEO of British Airways.
Sir Martin Broughton, a longtime known supporter of Chelsea FC (he saw his first match at Stamford Bridge in 1955), is currently negotiating with investment funds to propose an offer to buy the London club. A new offer while many are already on the table of the American investment bank, Raine Group.
An outstanding negotiator
Sir Martin Broughton is known to have been at the center of negotiations ten years ago to sell Liverpool FC to FSG. This change of ownership of the Reds has since shown its effectiveness and allowed the club to return to the best in Europe and even in the world. It was he who had been mandated by the British government to find a buyer for Liverpool FC when the club was owned by the Royal Bank of Scotland which had seized the club after the defaults of its owners Tom Hicks and George Gillett.
Sir Martin Broughton ex-Pdg de British Airways
Aged 71, the businessman is known in Great Britain, where he is one of the emblematic figures in terms of the local economy. He has notably held the positions of CEO of British Airways and British American Tobacco. He now heads Sports Investment Partners, a private investment firm that has backed companies in areas including sports technology and event management, says Sky Sports News.
Participation reserved for Blues supporters
In the offer he plans to make in the coming days, it is said that part of the club’s capital will be reserved for supporters: “There is a real need to change everyone’s mindset. Too much emphasis is placed on Roman as the legal owner and not enough on the Ukrainian victims – who are for all intents and purposes the beneficial owners – and the fans who are the emotional owners. » he said in particular.
Saving Chelsea from bankruptcy
He recalls that it is urgent to save Chelsea who are in great danger: “Above all, the government must prevent the club from going into administration. It would destroy at least £500m, which means £500m less for war victims. Surely after all the brilliant efforts of the British public to raise some £200million in donations, no government wants this to be an unintended consequence of their actions. » he concluded.
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