Serena Williams, Lewis Hamilton join Broughton’s bid to buy Chelsea

Williams and Hamilton have pledged an estimated £10 million ($13.06 million) each to Sir Martin Broughton’s bid to buy Premier League club Chelsea

April 22, 2022 09:29 am | Updated 09:31 am IST - Manchester

Serena Williams (left) and Lewis Hamilton (right) have pledged an estimated £10 million each to buy Chelsea Football Club. Composite: Getty; Shutterstock

Serena Williams (left) and Lewis Hamilton (right) have pledged an estimated £10 million each to buy Chelsea Football Club. Composite: Getty; Shutterstock

Former tennis world number one Serena Williams and seven-times Formula One world champion Lewis Hamilton have joined Martin Broughton’s bid to buy Premier League club Chelsea, a source close to the bid told Reuters on Thursday.

Former Liverpool chairman Broughton’s consortium includes World Athletics President Sebastian Coe and wealthy investors from around the world, who the group says all want to maintain Chelsea’s top status.

Private equity veterans Josh Harris and David Blitzer, who own sports teams including the National Basketball Association’s Philadelphia 76ers, are also backing Broughton’s bid.

Williams and Hamilton have pledged an estimated £10 million ($13.06 million) each to the bid, Sky Sports reported.

Hamilton’s representatives later confirmed that the 37-year-old had joined Broughton’s bid, but said the financial figures quoted in the report were not accurate, without disclosing any details.

Reuters have reached out Williams’ representatives for comment.

Williams is already an investor in Los Angeles’ Angel City FC, which plays in the National Women’s Soccer League.

Final bids for the club, which was put up for sale by owner Roman Abramovich following Russia’s invasion of Ukraine before sanctions were imposed on the oligarch by the British government, were submitted earlier this month.

Others on the shortlist to buy the English premiership club are LA Dodgers part-owner Todd Boehly and Boston Celtics co-owner Steve Pagliuca.

A consortium led by Chicago Cubs owners’ the Ricketts family pulled out of the running.

The club’s sale is being overseen by U.S. bank Raine Group.

($1 = £0.7656) 

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.