Former Liverpool chairman Sir Martin Broughton claims that the consortium of international billionaires he and World Athletics president Lord Sebastian Coe are leading will have the funds to keep Chelsea at the level at which they have become accustomed.
Broughton, who served as Liverpool chairman between April 2010 and December 2010 and oversaw the takeover of the Reds from the ruinous regime of Tom Hicks and George Gillett to the John Henry led Fenway Sports Group, or New England Sports Ventures as it was then known, is fronting a bid with Lord Coe, the chief of the London 2012 Olympics, with major backers also on board.
US billionaires Josh Harris and David Blitzer are both part of the consortium that seeks to takeover at Chelsea following the club coming up for sale after Roman Abramovich, Chelsea owner since 2003, was sanctioned for his historical ties to Russian president Vladimir Putin by UK Government, part of a number of sanctioned individuals and businesses in the wake of Russia's military invasion of Ukraine.
