Chelsea fans have chance to gain stake in the game – but the moment is fleeting

Those contenders fronted by British names have leveraged their bids with appeals to the Government about good governance and the implicit reassurance of being plugged into the British establishment. Ultimately it will be the Treasury’s call as to who gets Chelsea, as the department with oversight over the “Russia Regulations” sanctions. Although football is utterly consumed by its own importance, it would be fair to say that the Treasury has rather bigger issues than, say, how soon Cesar Azpilicueta gets a contract extension. Its key requirement is simple: no funds should find their way back to Abramovich.

Elsewhere, the consortiums that have looked to be the most feasible candidates have kept their counsel. Todd Boehly, Hansjorg Wyss and Jonathan Goldstein; that of the Chicago Cubs-owning Ricketts family and private equity overlord Ken Griffin; as well as Woody Johnson, owner of the New York Jets. There is the mysterious Saudi Media Group, which has the lustre of Saudi money with the caveat that not every Saudi has the resource of the sovereign state’s Public Investment Fund that bought Newcastle United, as Sheffield United will no doubt testify.

The fans themselves are best equipped with a healthy scepticism. Many simply want the richest and the most powerful to buttress a position built up over 19 years of success under Abramovich. Others, such as those in the Chelsea Supporters’ Trust, rightly want to see the CPO loan cancelled, a shadow board created and a “golden share” in the club to block bad decisions like the move to join the European Super League.

With change comes opportunity, and there will never be a better chance for fans to carve out a place for themselves, nor for the Government to make some demands. The window is open for but a fleeting moment and when it closes all leverage is gone. Any commitments offered by a new owner have to be secured with hoops of steel because after the deal, they tend to do whatever they want.

Related Posts

Property Management in Dubai: Effective Rental Strategies and Choosing a Management Company

“Property Management in Dubai: Effective Rental Strategies and Choosing a Management Company” In Dubai, one of the most dynamically developing regions in the world, the real estate…

In Poland, an 18-year-old Ukrainian ran away from the police and died in an accident, – media

The guy crashed into a roadside pole at high speed. In Poland, an 18-year-old Ukrainian ran away from the police and died in an accident / illustrative…

NATO saw no signs that the Russian Federation was planning an attack on one of the Alliance countries

Bauer recalled that according to Article 3 of the NATO treaty, every country must be able to defend itself. Rob Bauer commented on concerns that Russia is…

The Russian Federation has modernized the Kh-101 missile, doubling its warhead, analysts

The installation of an additional warhead in addition to the conventional high-explosive fragmentation one occurred due to a reduction in the size of the fuel tank. The…

Four people killed by storm in European holiday destinations

The deaths come amid warnings of high winds and rain thanks to Storm Nelson. Rescuers discovered bodies in two separate incidents / photo ua.depositphotos.com Four people, including…

Egg baba: a centuries-old recipe of 24 yolks for Catholic Easter

They like to put it in the Easter basket in Poland. However, many countries have their own variations of “bab”. The woman’s original recipe is associated with…

Leave a Reply

Your email address will not be published. Required fields are marked *