RedBird Capital Partners, who own an 11% stake of Liverpool’s owners Fenway Sports Group, are one of the US-based groups assessing the feasibility of a bid for Chelsea, according to ESPN.
The Manhattan-based private equity founded by Gerry Cardinale have reportedly been investigating opportunities to acquire a European football team in recent months.
Roman Abramovich’s decision to sell the Blues has alerted the group to the possibility of buying one of the leading names in world football.
RedBird should be familiar with investing in sports, having previously acquired an 11% stake of Fenway Sports Group, who own both Liverpool and Boston Red Sox in 2021.
ESPN added Raine Group, who was contacted by Abramovich to help find a buyer, have received over 300 expressions of interest, with at least 10 regarded as credible parties.
The report obviously mentioned Todd Boehly, the part-owner of the Los Angeles Dodgers and LA Lakers.
ESPN claims Boehly are currently working with Swiss billionaire Hansjorg Wyss to structure a bid before Raine Group’s deadline of 15 March.
Raine will reportedly receive a 1.5% commission from any sale fee.
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