It looks as if the saga surrounding Boston Celtics co-governor Steve Pagliuca’s bid to purchase British Premier League football (as in soccer) club Chelsea has come to an end, with the Daily Telegraph’s Matt Law reporting that Pagliuca’s investment group will not be the club’s preferred bidder.
In layman’s terms, that means the team’s current board does not believe Pagliuca’s group to be the best option to purchase the team, effectively taking them out of the running to buy the team currently up for sale after sanctions sparked by the Russian invasion of Ukraine forced the sale of the club by the prior owner, Russian oligarch Roman Abramovich.
