Bidding War! ‘We have over £40BILLION in assets’ – Another massive bid has been confirmed for Chelsea sale

Bidding War! ‘We have over £40BILLION in assets’ – Another massive bid has been confirmed for Chelsea sale

This week we expect to see movements by Raine Group, the company handling the sale, who are going to narrow it down to a few final options of bidders after all the initial offers came in on Friday.

However, It was confirmed another massive bid has been submitted.

A British-led consortium fronted by Chelsea supporters has confirmed that it has made a bid to buy the club.

We have all been reading a lot about your Todd Boehly’s and Nick Candy’s for example, but there is a brand new name who have confirmed themselves as bidders, and it is a name we are only now hearing about for the first time.

According to The Times, London-based asset management firm, Centricus, has teamed up with hedge fund manager Jonathan Lourie of Cheyne Capital, and Talis Capital’s Bob Finch, to submit a bid for Chelsea.

It is described as a A British-funded bid driven by Chelsea season-ticket holders and the group have confirmed the offer is in.

However, Lourie, Finch, Centricus’ co-founder Nizar Al-Bassam and the firm’s chief executive officer Garth Ritchie are all season-ticket holders at Stamford Bridge.

Meanwhile, Reports claims that they have a staggering £40billion invested in technology companies, financial services and leisure companies.

 

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