Roman Abramovich plans to sell Chelsea | SOLD for £4.25BN

1905 said:
The Ricketts have apparently withdrawn their bid.

“The Ricketts-Griffin-Gilbert group has decided, after careful consideration, not to submit a final bid for Chelsea FC,” read a Ricketts-led group statement to @pasport.

“In the process of finalising the proposal, it became increasingly clear that certain issues could not be addressed given the unusual dynamics around the sales process. “We have great admiration for #ChelseaFC and its fans and we wish the new owners well.”

Wonder what the bolded part means?
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It sounds like it was about money.



And with Pagliuca being paraded around Atalanta's stadium yesterday, I presume that means that conflict of interest won't go away, so we're, in my mind, down to 2 bidders - Boehly's group and Broughton's group.

 
The Cubs currently have $450M in debt. I think it was always their intention to say they wouldn't borrow against the club, but then debt leverage the club.
 
Ken Griffin probably didn't want to go ahead finally as little way of making money out of this deal and that's what he does.

We'll see with the other bids, Boehly looks promising, need to know what financial resources they're making available and the exact nature of their plans.
 
Mb194dc said:
Ken Griffin probably didn't want to go ahead finally as little way of making money out of this deal and that's what he does.

We'll see with the other bids, Boehly looks promising, need to know what financial resources they're making available and the exact nature of their plans.
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Seen a few fellow Chelsea fans of the opinion that Pagliuca will get it. Gone about everything very quietly, and also has large backing behind him, but IMO, his consortium has too many cooks.

Much as i didnt think the Rickett's were out of the running, i think you're right in what you say, but this is partly down to fan opposition too, regardless what they claim in the media

I think under Boehly we'd continue dining at the top table for players, he just has the "win at all costs" [if possible] mentality. But i think he'd also run the club sensibly. He's my pick
 
TheReligion said:
Arsenal fan Lewis Hamilton forming part of the consortium looking to buy the club. Thoughts resident Chelsea bunch?
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Odd, but if you have an opportunity to get in on a top club, I see why he wants it. Both he and Serena would be pretty small contributors based on their net worth compared to the other names.
 
duffer said:
I'd imagine there are "fans" of all sorts of clubs in the various consortiums. Kinda meaningless really.
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There's a bloke in the Boehly group, a far more senior member of the bid, who is a Spurs fan. Don't think these things matter really.
 
Just adds an interesting dynamic. Would be strange having a co-owner at United that’s a current City or Liverpool fan.
 
TheReligion said:
Just adds an interesting dynamic. Would be strange having a co-owner at United that’s a current City or Liverpool fan.
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He'd almost certainly be a small part of the consortium - from what he's described he is more a lover of football than a lover of Arsenal, if that makes sense.
 
TheMagicFoolBus said:
He'd almost certainly be a small part of the consortium - from what he's described he is more a lover of football than a lover of Arsenal, if that makes sense.
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I dunno mate. I’ve just seen a clip of him from a few years ago in full Arsenal kit playing with Arsenal Legends. Saying how its his dream and they are his team etc!
 
Surely any investment decision would be made by a representative of Hamilton rather than himself. He will have someone who looks after a fund and where they decide to invest will likely by their call.
 
TheReligion said:
OGS was as a child. Hamilton still supporting Arsenal now is slightly different no?
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Nah, you can't change teams regardless of what you say to the public.

Ole didn't serve you lot badly as a player because he grew up idolising King Kenny (or whoever it was). If Sir Lewis is part of a consortium which ends up owning Chelsea, nobody cares.
 
duffer said:
Nah, you can't change teams regardless of what you say to the public.

Ole didn't serve you lot badly as a player because he grew up idolising King Kenny (or whoever it was). If Sir Lewis is part of a consortium which ends up owning Chelsea, nobody cares.
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No one will care if he still supports Arsenal whilst owning part of Chelsea?
 
TheReligion said:
I dunno mate. I’ve just seen a clip of him from a few years ago in full Arsenal kit playing with Arsenal Legends. Saying how its his dream and they are his team etc!
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Really?? Missed that somehow! Fair play if so.

That said he's clearly a stand-up guy and someone I'd be proud to have associated with Chelsea personally, regardless of his allegiances!
 
TheReligion said:
Arsenal fan Lewis Hamilton forming part of the consortium looking to buy the club. Thoughts resident Chelsea bunch?
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Whatever floats his boat, but i think that particular consortium are chasing the pack, 3rd faves by a distance
 
duffer said:
Nah, you can't change teams regardless of what you say to the public.

Ole didn't serve you lot badly as a player because he grew up idolising King Kenny (or whoever it was). If Sir Lewis is part of a consortium which ends up owning Chelsea, nobody cares.
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Agreed, which is why I dont see the fuss over Goldstein being a Spurs fan, yet part of Boehly's group.

They aren't going to invest that kind of money to sabotage the club because they support a rival haha. Mental theories on social media, as per
 
duffer said:
Nah, you can't change teams regardless of what you say to the public.

Ole didn't serve you lot badly as a player because he grew up idolising King Kenny (or whoever it was). If Sir Lewis is part of a consortium which ends up owning Chelsea, nobody cares.
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Tony Gale changed teams mind you... was a Chelsea fan, his family might even still be, now die hard Hammer, so he says....
 
TheReligion said:
I dunno mate. I’ve just seen a clip of him from a few years ago in full Arsenal kit playing with Arsenal Legends. Saying how its his dream and they are his team etc!
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I don't think Arsenal or Chelsea fans will or should care honestly. He's getting close to the end of his F1 career and surely has dozens of people taking care of his investments; This could be a great opportunity for anyone with money. He also said his dad is a Chelsea fan...
 
TheReligion said:
OGS was as a child. Hamilton still supporting Arsenal now is slightly different no?
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Not really, one of the main men that kick started our modern success is a Spurs icon (Hoddle), Busby was at your two biggest rivals as a player. When you get into the game as a living loyalty flies out of the window for the overwhelming majority.
 
ShinjiNinja26 said:
Why has this fecker still got a say? Get him to feck!
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He always had a say, and he'll continue to have a say until the sales process is complete. Raine Group are acting on his behalf, at his behest, no? I don't think the government gets involved until this part of the process is done and a winning bid has been chosen.
 
There’s going to be some top level Tory fcukery around this. Impossible not to be.

The money paid should be in cash and held on display, counted once a week to check it’s all there.
 
I’m amazed this isn’t sorted yet. Seems counter productive and with the news that Rudiger and Christensen are going surely this needs clarity before the end of the season.
 
cyberman said:
Why would anyone agree to this? This will take all summer imo, every chance investors walk away if this is the bullshit thats happening
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The takeover will be done by end of May, id bet my house on it. Was only Tuesday and Weds this week i believe the bidders were at the Bridge putting their final pitches in front of the board. Think Boehly will win, and be in place officially by June 1st.
 
TheReligion said:
I’m amazed this isn’t sorted yet. Seems counter productive and with the news that Rudiger and Christensen are going surely this needs clarity before the end of the season.
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Absolutely, i think itll be done pretty soon as i posted above, within 4 weeks. Was a report that the bidders were told to expect an announcement Monday

Re. the loan owed to Fordstam mentioned in the piece, if he cant write it off right now, itll be wiped soon as club is sold and he no longer has any ties IMO
 
jackal&hyde said:
If this is true, these lot are in it to make money. Gone are the days of massive spending.
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you know Ratcliffe is a ST holder at Chelsea. Also likes Utd mind you. But he's bidding for the club he supports... its like me or you buying Chelsea/Utd
 
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