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Football London
Football London
Sport
Dave Powell

Crystal Palace chief reveals reasons behind Chelsea ownership fight with Todd Boehly

The part owner of Crystal Palace has revealed that the chance to bid on Chelsea earlier his year was a risk he and his business partner felt they needed to take.

David Blitzer, who owns a significant minority stake in Palace alongside long-time business partner Josh Harris, as well as with chairman Steve Parish and John Textor, was with Harris as part of the consortium that made the final shortlist to potentially acquire Chelsea earlier in the year after Roman Abramovich was forced to put the club up for sale following sanctions imposed after Russia's military invasion of Ukraine.

Blitzer and Harris, who have each held an 18% stakeholding in Palace since December 2015, were part of a consortium that also featured former British Airways and Liverpool chairman Sir Martin Broughton back in April, a bid that also had former London 2012 Olympics chief Lord Sebastian Coe on board.

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