As Chelsea move closer to identifying their next owner, bidder Stephen Pagliuca has added more big-hitters to his group with Larry Tanenbaum and Eduardo Saverin reportedly coming on board.
Boston Celtics co-owner Pagliuca is the head of one of four remaining parties as Roman Abramovich prepares to hand over the reins after 19 years. The 67-year-old is also a co-owner of Serie A club Atalanta, and If his Chelsea bid is successful then he will be required to dilute his stake in the Bergamo-based side.
According to Sky News, NBA chairman Tanenbaum and Facebook co-founder Saverin have agreed to back the bid, as has hedge fund founder John Burbank. Pagliuca, along with his fellow bidders, will need to put forward a final proposal this week.