The duo has backed a consortium that is bidding to buy the Premier League team, Chelsea FC. Since Roman Abramovich was sanctioned by the UK government. As a result of Russia’s invasion of Ukraine, Chelsea has been on the market.
Raine Group, which is in charge of the sale. Expects to choose a preferred bidder by the end of the month.
The Duo has backed a consortium that is bidding for an estimated £20 million
Serena Williams and Lewis Hamilton have agreed to join a group to acquire Chelsea FC for an estimated £20 million.
The 23-time Grand Slam winner and 7 time Formula 1 champion is among a group of businessmen supporting Sir Martin Broughton’s takeover bid for Chelsea.
The two worldwide sports stars have each contributed £10 million to the bid. Which has the backing of the former Liverpool and British Airways chairman. Lord Coe is also a member of the group led by the British.
Hamilton, an Arsenal supporter, and Williams have both established themselves as successful investors in recent years.
Serena Ventures, the tennis star’s venture capital fund, recently invested in Open sponsorship, a British-based sports digital start-up. While Hamilton recently funded Zapp, a London-based speedy supermarket delivery service.
According to reports, Hamilton and Williams were brought into the consortium because of their experience in developing worldwide sports brands. While the consortium’s roster’s diversity drew them in.
Broughton’s consortium also has the support of American private equity billionaires Josh Harris and Dave Blitzer. Who, if their offer is successful, will own a controlling ownership in the club.
If they were to take over Chelsea, they would have to sell their Crystal Palace shares, which they now own.
The Canadian Rogers family, the Taiwanese Tsai family, and brewing billionaire Alejandro Santo Domingo are among the other investors in Broughton’s proposal.