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Football London
Football London
Sport
Daniel Orme

Stephen Pagliuca net worth as Chelsea takeover statement released amid John Terry update

Stephen Pagliuca Raine NBA Roman Abramovich Boston Celtics

American businessman Stephen Pagliuca appears to be one of the front-runners to complete a takeover of Chelsea over the coming months. His bid has been named as one of the preferred offers for the Blues and he now appears to have considerable backing ahead of any decision.

He has already joined forces with NBA chairman Larry Tannenbaum, whilst Blues hero John Terry has also agreed to spearhead an effort to complete a takeover alongside the 67-year-old. A statement from Pagliuca confirmed the decision.

Released on Wednesday, it read: “We are thrilled to have such an accomplished group of individuals who are committed to the long-term interests of Chelsea Football Club. We appreciate this opportunity and would be honoured to create an exciting future for this great football club."

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