It seems that Boston Celtics co-owner Steve Pagliuca‘s group bidding to buy Premier League football (as in soccer) club Chelsea is advancing as one of the final three groups still standing in the bidding process, but “are reportedly being quizzed about long-term plans” for the franchise, according to City AM’s Ilaria Grasso Macola.
The three remaining consortia — which include Sir Martin Broughton, Los Angeles Dodgers’ Todd Boehly, and Pagliuca’s group — were “asked to confirm future expenditure, (and) to guarantee long-term financial commitment of investors” per Macola. “Raine and the club’s board seem to be focused on ensuring they pick the bidder that will be the best steward of Chelsea over the long term,” an investor is quoted in the article as saying.
