Ex-footballer John Terry has been spotted at Cheltenham Festival today to watch the Gold Cup race amid reports he is launching a bid to buy Chelsea Football Club. The Chelsea and England legend and his wife Toni were guests of Cheltenham fashion designer Jade Holland Cooper, reported Gloucestershire Live.
Terry, who is currently involved in a coaching role at Chelsea's academy, joined stars such as Pixie Lott to watch the action on the final day of racing. There has been speculation recently that he is set to launch a bid for the London club, after its owner, the Russian-born Roman Abramovich, had sanctions placed upon him by the British government due to his alleged links to Vladimir Putin.
There are reports that Terry and former women’s player Claire Rafferty are behind the bid by a consortium True Blue to take over the club. They are said to be prepared to pay £250 million for a 10 per cent stake in the club and raise the rest of the money by allowing fans to purchase £100 shares in Chelsea.