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19th Mar 2022

John Terry confirms he is part of ‘True Blue’ Chelsea consortium bid

Callum Boyle

Terry is reportedly fronting a consortium wanting to purchase a stake in Chelsea

John Terry has confirmed that he is fronting a consortium that is looking to purchase a stake in Chelsea for £250m.

Goal reported on Friday that Terry was working alongside ex-Chelsea women’s footballer Claire Rafferty to head up a consortium known as ‘True Blue’, who are looking to purchase a 10 per cent stake in the Blues.

The report also suggested that, should the bid be successful, supporters, players and ex-staff members will be able to purchase ‘fan tokens’ for more than £100, with voting rights coming in return.

Terry has since provided his first update since the news broke in a post on Twitter on Saturday. The ex-Chelsea and England defender confirmed that he had met the ‘True Blue’ consortium and hopes they will be accepted as new investors.

He said: “Chelsea has been such an important part of my life for 22 years.

“I want to see the club’s history and heritage protected as we go into a new era with like-minded people who have the same long-term vision of building the best football club in the world and understand how important our DNA is.

“Having met and heard what the True Blues consortium is about, I know they understand.

“They’re group of lifelong Chelsea fans and season ticket holders who have created a concept that will complement and assist any preferred bidder running the club while adding fan connection and engagement with the board.

“The Innovative structure is designed to be inclusive of all Chelsea fans and protect our club.

“I’m thankful for the Chelsea Pitch Owners and Chelsea Supporters’ Trust time and support on this, and we hope we will be welcomed investors into the club’s new structure.”

The deadline for bids to be submitted by prospective buyers to purchase Chelsea ended on Friday, with an announcement expected imminently on the next steps.

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