Roman Abramovich Thread

[Vesper 28,347]

[Superblue 6,370]

34 minutes ago, Hermione said:

Magic Johnson isn't even worth a billion why is it even remotely interesting he got convinced?

This doesn't relate to the Chelsea bid, it's part of a story relating to how they convinced him to join their bid for the Dodgers.

[Milan 17,848]

Roman Abramovich, the club’s present owner, and the Chelsea board will make the final decision on the preferred bidder, and will take into account recommendations from the Raine Group merchant bank which is handling the sale. It is understood that they will not necessarily choose the highest bid as they will prioritise the future guardianship of the club.

The preferred bid is expected to be confirmed next week and insiders suggest that the winning bid could be as much as £2.75 billion. The government must sign off on the sale so that Abramovich cannot profit from the proceeds.

[Strike 7,192]

End of this month is the timescale for new owners?

[ZAPHOD2319 4,416]

56 minutes ago, Strike said:

End of this month is the timescale for new owners?

The last thing that was published as far as a timetable was sale complete in May after the UK government and PL sign off on the sale.

[turgi 71]

 

[Superblue 6,370]

And then there were three then. 

I actually thought the Ricketts bid was probably the favourite so this is quite a surprising turn up.

I just hope this gets sorted out asap.

[Fernando 6,422]

Still think Bohely will the be winner as giving a good package overall. 

Since American they will keep Pulisic in the team which I have no problem. 

Just get rid of Lukaku! 

[xPetrCechx 13,563]

The Ricketts led bid for Chelsea has pulled out. Told it wasn't to do with fan reaction but more about them just not being able to agree a deal. #CFC https://t.co/qgTS3rd4BK

[xPetrCechx 13,563]

So who left?

Which bid is the leading one?

When we will get the final announcement?

😬

[Pizy 18,323]

I had thought the Ricketts bid was the favorite, too. So that’s nice to hear.

Gotta be Boehly now which is probably the best of them easily. 

[xPetrCechx 13,563]

Chelsea takeover: Who is on the preferred bidders shortlist & what happens next?
https://www.goal.com/en/news/Chelsea-takeover-shortlist-preferred-bidder-stage-what/blt3b6feeb315707b45

1. Los Angeles Dodgers co-owner Todd Boehly

2. Atalanta co-owner Stephen Pagliuca

3. Ex-Liverpool chairman Sir Martin Broughton

[ZAPHOD2319 4,416]

The Ricketts were always going to debt leverage the club. They were trying to talk a good game, but somehow Roman or Reine group found a way to make the equity buy binding.

[Superblue 6,370]

A lot of people in the last couple of days on social media seem to have been souring on Boehly because it's being speculated that he'll only have a minority stake (20%) and Clearlake Capital will be the majority holding at around 50%.

Firstly the idea of these private equity firms, etc coming on board and asset stripping us or milking the club I think are way over the top. Boehly already said in an interview a few years ago, no one buying a football club should be expecting 30% returns a year but instead it's a stable investment which has capacity for growth. These firms backing bids will know the situation and surely be going into such a deal with their eyes open to this.

There's a reason why all the parties still in the running for us are American led and it's because the view in America is that Chelsea at the current price could be viewed as a steal in another 10 - 15 years time. With the greatest respect to the NBA, NFL, MLB they and their clubs pale in comparison to the wider world of football but in particular the Premier League and Chelsea in general with regards to social media following, worldwide exposure, etc. The Premier League still needs to truly "make it" in America, and it will in time. And the league will continue to boom further as a result.

Asset stripping us is pointless because the value of our squad would barely be worth a third of the sale price and the stadium isn't owned by the new buyers either. Not investing in the future of the club and leaving it to stagnate will completely batter the value of the club.

I believe for these PE firms, a deal like this will be viewed as much more of a long term but steady investment. A bit like someone wanting their investment or pension portfolio to invest into property. It's a longer term, steadier investment than for example, the stock market where they'd be looking to make quicker but riskier gains. The returns on this investment in Chelsea will be in years to come when they may look to divest their shareholding over time.

The main things within Boehly's bid will be that it's 100% equity and no debt. If there's a commitment for a further £1bn of investment in the club too then that has to go some way to furthering the club, particularly if any stadium expansion/redevelopment is done in stages, that will end up being a far cheaper option in the longer term which hopefully then doesn't impact into investment in the playing staff.

And the final point of confirmation on the Boehly bid is that he'll have operational control. Think Levy at Spurs with his minority stake in Enic (and therefore Spurs) compared to Joe Lewis, but he is given operational control to run the club. Boehly should get the same free reign to do so, and I feel confident from what I've heard from him and what I've read about him that he would do that well.

[Fernando 6,422]

For those that have not seen this video, very interesting men. Comes across as someone that will let tuchel stay and build something without the pressure that Roman used to had. 

 

 

[Vesper 28,347]

8 hours ago, turgi said:

 

yes!!!!!!!!!

woooooooooooooooooooooooooooot

[Vesper 28,347]

8 hours ago, Superblue_1986 said:

And then there were three then. 

I actually thought the Ricketts bid was probably the favourite so this is quite a surprising turn up.

I just hope this gets sorted out asap.

I would love to see if that fuckstick Governor Pete had a tantrum because they tried to ice the cunt out due to his Trump nut-cupping and RW hate

[Magic Lamps 11,634]

Great to have the ethically most suspect bid withdrawn. If it was not bc of the fan pressure it is even better cos this probably means it also would have been a bad deal for the club economically.

Boehly is probably not 100% clean as well but he donated a lot more to the Democrats than Republicans so far if that is any helpful.