{"id":300123,"date":"2023-12-15T21:54:02","date_gmt":"2023-12-15T21:54:02","guid":{"rendered":"https:\/\/tellmysport.com\/?p=300123"},"modified":"2023-12-15T21:54:02","modified_gmt":"2023-12-15T21:54:02","slug":"chelseas-failed-bidders-and-where-they-are-now-as-boehly-disaster-lurches-on","status":"publish","type":"post","link":"https:\/\/tellmysport.com\/soccer\/chelseas-failed-bidders-and-where-they-are-now-as-boehly-disaster-lurches-on\/","title":{"rendered":"Chelsea’s failed bidders and where they are now as Boehly disaster lurches on"},"content":{"rendered":"

It's been just over 18 months since the Todd Boehly-led consortium took over Chelsea – and nothing's really changed.<\/p>\n

Despite spending in excess of \u00a31billion in the three transfer windows since then, the Blues are still struggling to find form in the Premier League and currently sit 12th in the table nearly halfway through Mauricio Pochettino's first campaign.<\/p>\n

Poch has shown signs of promise but given he's following in the similarly faltering footsteps of Thomas Tuchel, Graham Potter and caretaker Frank Lampard, questions are increasingly being directed towards Boehly's gung-ho approach.<\/p>\n

READ MORE: Premier League vote for new rule change that could have big implications for Chelsea<\/b><\/p>\n

READ MORE: N'Golo Kante's Club World Cup wondergoal has Chelsea fans begging him to 'come home'<\/b><\/p>\n

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The 50-year-old American emerged victorious from a competitive takeover battle with he and his fellow investors succeeding in a deal worth up to \u00a34.25billion to end Roman Abramovich's 19-year ownership.<\/p>\n

Whether one of the rival bidders would've done a better job will never be known, but Daily Star Sport <\/b>has taken a look at what they're up to now while Boehly's bumbling reign rumbles on.<\/p>\n

Chelsea fans – which, if any, of the other bidders would you have preferred? Let us know in the comments section.<\/i><\/b><\/p>\n

<\/p>\n

Nick Candy<\/h3>\n

Lifelong Blues fan and property developer Nick Candy didn't have the funds himself to buy his beloved club, with an estimated net worth of \u00a32bn.<\/p>\n

So he joined forces with South Korean companies Hana Financial Investment Company Limited and C&P Sports Limited, putting in a couple of bids but not coming close to competing.<\/p>\n

Candy is now locked in a lengthy legal battle with former business partner Robert Bonnier, who has counter-sued him over claims of fraudulent misrepresentation and global freezing orders, which has rumbled on throughout 2023.<\/p>\n

<\/p>\n

The Ricketts family and Ken Griffin<\/h3>\n

The Ricketts family, who own baseball team the Chicago Cubs and are headed up by patriarch Joe, made an offer in conjunction with Citadel founder Ken Griffin.<\/p>\n

Ricketts has since turned his attention to trying to push through a proposal for a new development in rural Wyoming, which was rejected earlier this year.<\/p>\n

Griffin, meanwhile, has this week announced his hedge fund will be distributing $7bn (\u00a35.5bn) to their investors and is planning to build the world's most expensive home, according to the New York Post, so is doing pretty well for himself to say the least. <\/p>\n

<\/p>\n

The Problem Child is back for this third fight of 2023. Jake Paul returns to the ring, live in Orlando on December 16. The YouTuber turned boxer will engage in a professional contest against Texas cruiserweight Andre August and you can watch it live on DAZN.<\/p>\n

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Centricus Consortium<\/h3>\n

London-based global investment firm Centricus were a late entrant into the bidding war, supposedly offering north of \u00a33bn. Their CEO Garth Ritchie and co-founder Nizar Al-Bassam both support Chelsea.<\/p>\n

Jonathan Lourie of Cheyne Capital and Bob Finch of Talis Capital, also each Blues fans, were backing the effort too until it fell short.<\/p>\n

While it's largely been business as usual for the former three, Finch – along with dad Alec – was found guilty of fraud by misrepresentation in September, with a judge ordering them to \u00a36.12m in damages.<\/p>\n

Sir Martin Broughton and Lord Sebastian Coe<\/h3>\n

<\/p>\n

Former Liverpool chairman Sir Martin Broughton led an Avengers-like consortium of famous faces in his attempt to buy Chelsea. It was believed to include sports stars Lewis Hamilton and Serena Williams.<\/p>\n

Also involved was Lord Sebastian Coe, who remains World Athletics President and back in August refused to rule out becoming the top dog of the International Olympic Committee.<\/p>\n

As for Broughton, he revealed earlier this year he'd held talks in regards to a potential takeover at Anfield, but said clubs outside of the capital are proving less attractive to overseas investors.<\/p>\n

Stephen Pagliuca<\/h3>\n

<\/p>\n

Co-owner of NBA side the Boston Celtics and Serie A's Atalanta, American private equity investor Stephen Pagliuca was looking to dip his fingers into another sporting pie at Stamford Bridge.<\/p>\n

He made a late play in the bidding war but fell away as the process drew on – but he remains interested in Premier League investment.<\/p>\n

Speaking at the Financial Times Business of Football Summit, he revealed he almost put money into Liverpool 15 years ago and revisiting it in the future isn't out of the equation.<\/p>\n

Woody Johnson<\/h3>\n

<\/p>\n

Woody Johnson, the New York Jets owner and former US ambassador to the UK, had a bid of $2.6bn (\u00a32.1bn) rejected before being eliminated from the race.<\/p>\n

With the Jets last winning more than half of their games in a season back in 2015, it's fair to say Chelsea fans weren't hot on him taking over.<\/p>\n

Now Johnson is back to backing Donald Trump's campaign to reclaim the White House next year ahead of his anticipated rematch with Joe Biden.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It's been just over 18 months since the Todd Boehly-led consortium took over Chelsea – and nothing's really changed. 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