Former Chelsea captain John Terry is reportedly part of a group that is exploring the possibility of buying a stake in the club. Co-controlling owner Todd Boehly is believed to be open to the investment.
According to reports, the legendary ex-Blues skipper, 42, and his partners are interested in securing a 10 percent stake in Chelsea. The Telegraph claims that this investment would involve fan participation through the online platform PrimaryBid, whose CEO Anand Sambasivan is a Stamford Bridge season-ticket holder.
Other Potential Investors and Cash Concerns
Terry's group is not the only one interested in investing in Chelsea, and there are doubts about whether they can raise enough funds for the purchase. US-based Ares Management, a firm that has previously shown interest in Manchester United, is also among the interested parties.
Terry's History of Interest in Investment
Terry has previously looked into investing in his former club and was part of a consortium called "True Blue" that wanted to buy Chelsea before it was purchased by Boehly and Clearlake Capital for £4.25 million last summer. Despite missing out in 2022, Terry and one member of the original group have not lost their desire to acquire a stake in the club.
Boehly's Preference for Equity Investment
According to the latest report, Boehly would prefer an equity investment and is apparently willing to offer a 10 percent stake in the club to support growth initiatives such as the new stadium project, Cobham redevelopment plans, and the expansion of their multi-club model.
Terry's Collaboration with Tech Businessman
Terry is said to be working with tech businessman Harley Kisberg, who was also part of the original True Blue group, in preparation for a potential bid for a stake in Chelsea. The involvement of PrimaryBid, a registered online investment platform, is anticipated to facilitate fan investment in the club.
This is a developing story, and further updates will be provided.