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Serena Williams, Lewis Hamilton join bid to buy Chelsea

Club owner Abramovich’s UK assets were frozen for his alleged links to Putin


Tennis great Serena Williams and seven-time Formula One world champion Lewis Hamilton have, reportedly, joined Martin Broughton's bid to buy Premier League club Chelsea.

The club was put up for sale by owner Roman Abramovich following Russia's invasion of Ukraine before sanctions were imposed on him by the UK government. Abramovich’s UK assets were frozen for his alleged links to Russian President Vladimir Putin.

Final bids were submitted earlier this month. Williams, who is already an investor in National Women's Soccer League team Los Angeles' Angel City FC, and Hamilton, a long-standing fan of Arsenal, have pledged an estimated 10 million pounds ($13.06 million) each to the bid.

The reigning world and European champions could be sold for 3 billion pounds ($4 billion) - a record in world sports - given the interest in the west London club.

Abramovich cannot profit from the proceeds of the sale, which the British government must approve under terms of a licence that allows the team to continue operating.

Former Liverpool and British Airways chairman Broughton's consortium includes World Athletics President Sebastian Coe and other investors like private equity veterans Josh Harris and David Blitzer, who own National Basketball Association's Philadelphia 76ers, among other sports teams.

Other prospective owners include LA Dodgers co-owner Todd Boehly and Boston Celtics co-owner Steve Pagliuca.

Abramovich has owned 100 per cent of Chelsea since 2003, sparking a trophy-laden era in the club’s history, thanks to the money pumped in by the oligarch.


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