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1 hour ago, Costa19 said:

So how much money does Boehly's consortium have? 😬

I think the net worth of Boehly, Wyss and Goldstein combined sits at around £8 - 10bn.

They are also being backed by Clearlake Capital which hold around $60bn of assets under management.

Reports last week were that Boehly's overall consortium was now over funded, so one would assume the capital is there to buy the club and sort the stadium out.

The overall direction of the club moving forward will be interesting to see. From what has been reported, Boehly looks at the Liverpool model of making sure scouting, data, etc is on point and then looking to add a player or two each summer to specifically improve the team but if such a player isn't available then not to buy for the sake of it.

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33 minutes ago, Superblue_1986 said:

I think the net worth of Boehly, Wyss and Goldstein combined sits at around £8 - 10bn.

They are also being backed by Clearlake Capital which hold around $60bn of assets under management.

Reports last week were that Boehly's overall consortium was now over funded, so one would assume the capital is there to buy the club and sort the stadium out.

The overall direction of the club moving forward will be interesting to see. From what has been reported, Boehly looks at the Liverpool model of making sure scouting, data, etc is on point and then looking to add a player or two each summer to specifically improve the team but if such a player isn't available then not to buy for the sake of it.

Sounds good!

Maybe as someone wrote on twitter .. Moneyball but with a big wallet 🤤

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Another bonus with Boehly is that I think he’ll want to make a nice initial splash to win the supporters over and prove his dedication to maintaining our current level.

So if he wins the bid I think we’ll be in for a very nice summer. And hopefully our business starts with locking down Rüdiger and Tuchel to long deals.

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2 hours ago, Diceflix said:

Heard somewhere Roman and Chelsea board will prefer a bid from personal in a consortium rather led by a financial institution directly

Centricus is a consortium too, and all 4 mains are British and are season Chels ticket holders for ages.

Total worth is over £50 billion.

The firm partnered with Jonathan Lourie of Cheyne Capital and Bob Finch of Talis Capital on the bid.

Edited by Vesper
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Boehly seems like the most logical choice. One thing is for sure, there will be investment in the team, but the days of just throwing 300M at the team is going to be over. The club will need to produce its own revenue. It is going to be different for sure.

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54 minutes ago, ZAPHOD2319 said:

If this is accurate, we dodged a (Glazers) bullet thinking they were loaded and were going to spend spend spend.

 

 

they were not lying when they said they were not fronting for rich Saudi princes, LOLOL

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Don't get infatuated by Centricus and Clearlake AUM numbers. Assets Under Management is just the capital they manage for the clients, so they can't spend it on us^^. Infact many public asset managers and pension funds have way higher AUMs and still are not even close to be able to afford buying a club for 4m.

Same goes for Boehly's, Wyss's etc. personal wealth. They dont have it cash ready to splurge on transfers. Most of their wealth will be illiquid. They will use this as collateral to debt finance our clubs spendings if they can't be met instantly by the clubs own cashflows. The latter would then be used to pay off the loans. If the new owners are not in this for personal monetary gain, it will be a more sustainable model. But we will never be able to compete financially with the psg, city or NU owners who basically pump money out of the ground.

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52 minutes ago, Blues Forever said:
 

 

Todd Ricketts

https://en.wikipedia.org/wiki/Todd_Ricketts

Todd M. Ricketts (born September 23, 1969) is an American businessman and politician who is a co-owner of the Chicago Cubs, a member of the TD Ameritrade board of directors, and the current Republican National Committee Finance Chairman.

 

Political activity

Once Trump became the presumptive nominee of the Republican Party, Ricketts reversed his stance, throwing his support to Trump.[21] In May 2016, Ricketts was chosen as an at-large member of the Illinois delegation to the Republican National Convention.[23] During the tail end of the general election, Ricketts participated in fundraisers in Chicago for Trump's candidacy and helped to raise money for the pro-Trump super PACs 45 Committee and Future 45, raising over $66 million.[24][18]

On November 24, 2016, reports surfaced that President-elect Donald Trump would appoint Ricketts as Deputy Secretary of Commerce.[25] On November 30, 2016, Trump officially announced the nomination of Ricketts as Deputy Secretary of Commerce.[2]

On April 19, 2017, Ricketts withdrew his nomination from consideration citing the inability to divest his financial holdings to the satisfaction of the Office of Government Ethics.[3]

Nearly nine months later, on January 31, 2018, Ricketts was named the finance chairman for the Republican National Committee.

Cubs fans grapple with Ricketts’ politics, support of Trump

https://depauliaonline.com/51384/sports/cubs-fans-grapple-with-ricketts-politics-support-of-trump/

 

Pete Ricketts

https://en.wikipedia.org/wiki/Pete_Ricketts

John Peter Ricketts (born August 19, 1964) is an American politician and businessman serving as the 40th governor of Nebraska since 2015. He is a member of the Republican Party. Ricketts is the son of Joe Ricketts, founder of TD Ameritrade. He is also, with other family members, a part owner of Major League Baseball's Chicago Cubs.

Political positions

Critical race theory

In 2021, amid a nationwide Republican effort to prohibit or restrict instruction of critical race theory, Ricketts said he opposed critical race theory. Asked to explain what critical race theory was, Ricketts said it was "one that really starts creating those divisions between us about defining who we are based on race and that sort of thing and really not about how to bring us together as Americans rather than—and dividing us and also having a lot of very socialist-type ideas about how that would be implemented in our state." Ricketts also called it "Marxist" and "really un-American."[69]

Death penalty

Ricketts supports the death penalty. In 2015, he vetoed a bill to abolish capital punishment in Nebraska, but the legislature overrode his veto. In 2016, Ricketts spent part of his family fortune to finance a referendum to reinstate capital punishment in the state. The referendum passed, and in 2018 the state executed Carey Dean Moore, the first inmate put to death in the state in 21 years. Ricketts, a Catholic, rebuffed calls from the Catholic Church to halt executions.[70][71]

Donald Trump

Ricketts criticized the impeachment of Donald Trump over his request that Ukraine start an investigation into his political rival Joe Biden. Ricketts said the impeachment proceedings were a "partisan impeachment parade" and praised the Senate for acquitting Trump.[72]

Cannabis

Ricketts opposes legalization of medicinal cannabis. In 2019, he said that its "medicinal value has not been tested", and cited studies suggesting that cannabis adversely affects brain functions. He also pointed to overdoses of the synthetic cannabinoid K2 as a "reminder of how dangerous cannabis can be".[73] In 2021, while the Nebraska legislature was contemplating legalizing medical cannabis, he claimed, "If you legalize marijuana, you’re gonna kill your kids. That’s what the data shows from around the country."[74]

Environment

Ricketts opposed the Obama administration's Clean Power Plan to reduce greenhouse gas emissions.[75] He supported the Keystone XL Pipeline, saying it would "create jobs here in Nebraska, lots of tax revenues here in Nebraska, of course help us become less dependent on foreign oil."[76]

In 2021, Ricketts said he opposed a proposal by President Joe Biden to preserve 30% of the nation’s land and water by 2030, calling it a "radical climate agenda."[77]

Civil rights

Before becoming governor, Ricketts supported an initiative to ban affirmative action in Nebraska, donating $15,000 to the group behind the effort.[78] Upon being sworn in as governor, Ricketts appointed former attorney Manra Munn as the executive director of the Nebraska Equal Opportunity Commission. In 2020, Munn was sued for failing to hire Latinos onto the commission.[79]

 

 

Nebraska Guv: No Vaccine for Undocumented Meat Plant Workers

HOW DOES THAT MAKE SENSE?

https://www.thedailybeast.com/nebraska-gov-pete-ricketts-says-no-covid-19-vaccine-for-undocumented-meat-plant-workers

Nebraska Gov. Pete Ricketts said Tuesday that only legally documented immigrants will be eligible for a COVID-19 vaccination program in meat-packing plants—which have been hard hit by the virus. “To get the vaccination you gotta be here legally,” he said at a press conference, claiming that the factories don’t hire undocumented workers. The union representing plant workers said that was nonsense. “There is absolutely undocumented workers working in all of the plants,” labor leader Eric Reeder told WOWT. And medical experts said not vaccinating everyone in the factories made no sense from an epidemiological or economic point of view. “These industries have been designated as crucial and essential, so it would seem like we want to protect the people in those industries,” Dr. Mark Rupp of Nebraska Medicine told the station. More than 40,000 plant workers nationwide contracted the virus and more than 200 died.

Read it at WOWT

 

Why Is Nebraska Governor Pete Ricketts Acting Extra Crazy?

The billionaire’s son has blustered into the culture wars, signalling a potential run for higher office.

https://www.thedailybeast.com/why-is-nebraska-governor-pete-ricketts-acting-extra-crazy

Billionaire’s scion and Nebraska governor Pete Ricketts set a high watermark for controversy during his first six years in office. There was his “crazy” refusal to lock down the state despite a surge of COVID-19 cases, the unearthed racist messages from his former campaign field director, and his maskless gabfest at a sports bar on election night 2020. (The restaurant worker who filmed the governor was fired.)

Yet in recent months the nuttiness quotient has somehow metastasized. Over the summer, the governor fueled a far-right conspiracy that claimed that some of President Biden’s conservation efforts were in fact a private land grab.

Then Ricketts dived head first into the culture wars, assailing critical race theory, the playing of the “Black national anthem” at a University of Nebraska basketball game, and other anti-racism efforts at the college.

 

snip

 

The Heartland Billionaire Destroying the Working Class

Joe Ricketts’ memoir tells of making it on his own—while crushing unions, scamming customers, and undermining local media

https://gen.medium.com/the-heartland-billionaire-destroying-the-working-class-2da8f78320cd

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