John Terry to Buy 10% Stake in Chelsea as Part of Consortium

John Terry to Buy 10% Stake in Chelsea as Part of Consortium

  • John Terry is leading a consortium that aims to buy 10% ownership of Chelsea football club after it was listed for sale
  • The True Blues Consortium plans to protect Chelsea’s “history and heritage” by handing supporters 10% of the English football team
  • Chelsea fans will be able to buy into the set-up as little as £100 and a member would sit on the board if the bid is accepted

Former Chelsea Captain John Terry has announced that he is bidding to buy 10% ownership in Chelsea football club as part of a consortium.

The consortium called “True Blues” plans to buy a fraction of the stakes in the club and sell it to supporters.

Chelsea fans would be able to buy into the set-up for as little as £100 as the consortium works with the club’s eventual owner(s).

John Terry

Asides from John Terry, former Chelsea women’s player Claire Rafferty has also put her name to the consortium.

The group has also contacted the Raine Group, the bank in charge of Chelsea’s sale. Chelsea Pitch Owners, who own the Stamford Bridge freehold and supporters trust have also backed this consortium.

Read also: Barcelona’s Iconic Stadium Renamed as Club Inks $310 Million Deal

As a part of the True Blues consortium’s proposition, one member will sit on Chelsea’s board.

Roman Abramovich put Chelsea up for sale on March 2 following Russia’s invasion of Ukraine. The Russian billionaire was sanctioned by the UK Government last week after it was alleged that he has ties with Vladimir Putin.

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