London-based global investment firm Centricus confirms offer to buy Chelsea and reveals four areas it will fund


Investment firm GLOBAL Centricus confirmed they made an offer to buy Chelsea on Friday.

And the group have also revealed four key areas they intend to fund for the club if the bid is successful.


Global investment firm Centricus made an offer for Chelsea on FridayCredit: Reuters
The four men behind the bid, including Garth Ritchie, are Chelsea season ticket holders


The four men behind the bid, including Garth Ritchie, are Chelsea season ticket holdersCredit: Getty – Contributor

The London-based company is run by Nizar Al-Bassam and Garth Ritchie.

They also teamed up with Jonathan Lourie of Cheyne Capital and Bob Finch of Talis Capital.

And all FOUR are season ticket holders at Stamford Bridge.

Al-Bassam told The Times: “There is a countdown because the club is bleeding money at a faster rate than it should be while there is uncertainty there- low.

“I had the same seats in the Tambling Suite and the same seats in the West Stand for ten years.

“I worry about the staff there when I see this commotion. We see the same people greeting us when we walk in.

“They are amazing for us. We see the same people in the stands looking after us and I feel that.

“If you look at the proposal we have put forward, it’s essential to keep the funding proposal all UK.”

CEO Ritchie, a longtime season ticket holder at Stamford Bridge, said: “The people who support us have deep pockets of capital.

“As fans we want to win and we have to invest and if we win the brand will continue to grow.”

Centricus oversees staggeringly valuable global assets £40 BILLION.

And they are the latest group to confirm their offer to replace Roman Abramovich in charge of Chelsea.

Todd Boehly, co-owner of the LA Dodgers, Sir Martin Broughton and Lord Sebastian Coe, owners of the Chicago Cubs, the Ricketts family, and British property magnate Nick Candy all submitted their offers on time.

Saudi Media Group also met the Raine Group’s Friday deadline, while former Chelsea captain John Terry backed the fan-run True Blues consortium.

As for Centricus, they have pledged to inject cash into the club, enabling normal day-to-day operations while building for the future.

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A statement confirmed: “Centricus sees this as an opportunity to make a long-term investment in Chelsea.

“Our funding for the deal includes funding to complete the transaction and funding to [1] working capital necessary for the day-to-day operations of the CFC Group.

“[2] Funds needed to maintain an elite global brand.

“[3] Investment in grassroots and community football initiatives such as the Chelsea Academy, Women’s Team, Youth Development Program and the Chelsea Foundation.

“[4] Strategic real estate investment.

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“The intention is to maintain and support the existing direction on both the business and sporting activities of the CFC Group. We intend to maintain the current strategic direction.

“If our offer is successful, Centric will focus on ensuring that the CFC Group continues to achieve sporting excellence, a high level of community support, transparent governance, financial stability, fan engagement and exemplary management.”

Roman Abramovich won the lot at Chelsea


Roman Abramovich won the lot at Chelsea

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