John Terry confirms £250m Chelsea takeover bid as he links up with True Blues consortium to share club with billionaires

JOHN Terry will try to shield Chelsea’s “history and heritage” by becoming a member of the True Blues Consortium of their bid to personal 10 per cent of the club.

Terry has backed the True Blues Consortium’s daring plans to levy funds to purchase a stake in Chelsea by means of a neighborhood scheme.

Chelsea legend John Terry is linking up with the True Blues Consortium
Chelsea legend John Terry is linking up with the True Blues ConsortiumCredit: Rex

Fans would give you the option to purchase into the set-up from as little as £100, with the True Blues Consortium aiming to work with the club’s eventual new house owners on shopping for a minority share within the club.

Terry and former Chelsea girls’s participant Claire Rafferty have put their names to the consortium, with True Blues chiefs having made contact with Raine Group, the financial institution overseeing Chelsea’s sale.

Chelsea Pitch Owners, who personal the Stamford Bridge freehold, and the Chelsea Supporters’ Trust have backed the plan in precept.

The True Blues Consortium would elect one consultant to sit on Chelsea’s board and embellished former skipper Terry has been impressed with the bold plans.

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 Chilwell blasted over tiger video, Ricketts AGREES £1bn future investment

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Chilwell blasted over tiger video, Ricketts AGREES £1bn future funding

Chelsea takeover deadline passes with four confirmed consortiums in running
TOP FOUR FIGHT

Chelsea takeover deadline passes with 4 confirmed consortiums in working

He stated: “Chelsea has been such an essential a part of my life for 22 years.

“I would like to see the club’s historical past and heritage protected as we go into a brand new period with like-minded individuals who have the identical long-term imaginative and prescient of constructing the perfect soccer club on the planet and perceive how essential our DNA is.

“Having met with and heard what the True Blues Consortium is about, I do know they perceive. They’re a gaggle of lifelong Chelsea followers and season ticket holders who’ve created an idea that can complement and help any most well-liked bidder working the club whereas including fan connection and engagement with the board.

“This modern construction is designed to be inclusive of all Chelsea followers and shield our club.

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“I’m thankful for the Chelsea Pitch Owners and Chelsea Supporters’ Trust’s time and support on this and we hope we will be welcome investors into the club’s new structure.”

Roman Abramovich put Chelsea up on the market on March 2 amid Russia’s invasion of Ukraine.

The Russian-Israeli billionaire was sanctioned by the UK Government final week, with Downing Street claiming to have confirmed his links to Vladimir Putin.

Abramovich’s UK property are all frozen barring Chelsea, with the Blues working underneath strict Government licence.

Raine Group’s deadline for bids to purchase Chelsea handed on Friday evening, with a number of significant events lodging their candidacy.

LA Dodgers part-owner Todd Boehly, Sir Martin Broughton and Lord Sebastian Coe, Chicago Cubs house owners the Ricketts household and British property tycoon Nick Candy all submitted their bids in time.

Saudi Media Group additionally met the deadline, with extra bids apart from understood to have been lodged.

Property developer Nick Candy is one of the bidders for the club
Property developer Nick Candy is among the bidders for the clubCredit: PA

The True Blues Consortium would launch a neighborhood providing platform known as the CFC Exchange, run by PrimaryBid, to enable followers to purchase into the scheme.

Investment group Oakvale Capital has backed the True Blues scheme, underpinning the funds.

“We are united not only in our desire to ensure a bright future for Chelsea FC, but also in our ability to put this plan into action,” stated Oakvale Capital accomplice Sandford Loudon.

“We’re a gaggle of seasoned tech entrepreneurs, financiers, high-net-worth people and most significantly lifelong followers, who need to ensure whoever buys Chelsea is held accountable by Chelsea followers.

“We will work with both the sellers and the Government, as well as the bidders, to guarantee that fans have a say.”

A spokesperson from Chelsea Pitch Owners added: “Chelsea Pitch Owners helps the True Blues plan in precept in that it appears to supply Chelsea followers a larger voice in how the club is run, topic to seeing the ultimate proposals on extra element.

American Todd Boehly is leading a consortium that's bid for the Blues
American Todd Boehly is main a consortium that’s bid for the BluesCredit: Getty

“CPO remains committed to ensuring the future of football at Stamford Bridge and appreciates True Blues’ support of CPO’s call for its loan with Chelsea FC to be written off.”

And a spokesperson for the Chelsea Supporters’ Trust stated: “The CST has been clear that the perfect end result for Chelsea supporters is for brand new house owners to shield Chelsea’s heritage by giving followers a golden share.

“Subject to further detail, the CST supports in principle the fundamental aim of the True Blues consortium, which is to give fans a greater say in how the club is run. We welcome further dialogue with True Blues as things develop over the next days and weeks.”

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