NBA chair joins Celtics proprietor’s Chelsea bid

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Boston Celtics proprietor Stephen Pagliuca mentioned NBA chairman Larry Tanenbaum and former Chelsea captain John Terry have joined his bid to purchase the Premier League club.

In a press release issued on Wednesday, Pagliuca mentioned that Tanenbaum, who’s proprietor of the Canadian firm Maple Leaf Sports activities and Leisure (MLSE), had change into “co-managing companion” of the bid for Chelsea.

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MLSE owns the Toronto Maple Leafs, the Toronto Raptors and Toronto FC.

“Larry is a world-class particular person who is extremely regarded within the international sports activities group, and his expertise in sports activities governance, his long-term perspective, and civil building experience are large belongings for our group,” Pagliuca mentioned.

Pagliuca additionally mentioned that the “True Blues Consortium,” which incorporates followers and former gamers, together with Terry, have been additionally behind his bid.

“The group welcomes the endorsement and help of the True Blues Consortium, an organisation devoted to Chelsea FC and targeted on representing fan pursuits for the membership,” mentioned the assertion.

Pagliuca spoke publicly for the primary time about his bid for Chelsea on Monday, when he vowed to make the membership “recurring winners.”

“This course of has been a disconcerting time for the soccer membership and followers,” he mentioned. “All through my life and profession, my ethos has all the time been to function quietly, with integrity, and let my actions and outcomes communicate loudly.

“Nevertheless, it’s crucial to make clear and guarantee supporters about our bid group and its commitments, to stress how significantly we take our potential duty to Chelsea.

“Later this week we’ll submit a considerable and credible bid proposal — one which we count on will meet the respective necessities and rules of the Premier League, UK Authorities and UEFA — and we pledge to honour our dedication to credibility and good guardianship of Chelsea Soccer Membership from day one.”

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