MLSE's Larry Tanenbaum, former captain John Terry join Stephen Pagliuca's bid to buy Chelsea - The Globe and Mail | Canada News Media
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MLSE's Larry Tanenbaum, former captain John Terry join Stephen Pagliuca's bid to buy Chelsea – The Globe and Mail

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An entrance to Chelsea FC stadium Stamford Bridge, in London, on March 3.TOBY MELVILLE/Reuters

American investor Stephen Pagliuca says NBA chairman Larry Tanenbaum and former Chelsea captain John Terry have joined his bid to purchase the Premier League club.

In a statement issued on Wednesday, Pagliuca said that Tanenbaum, who is owner of the Canadian company Maple Leaf Sports and Entertainment (MLSE), had become ‘co-managing partner’ of the bid.

MLSE owns the NHL’s Toronto Maple Leafs, the NBA’s Toronto Raptors and Major League Soccer’s Toronto FC.

“Larry is a world-class individual who is highly regarded in the global sports community, and his experience in sports governance, his long-term perspective, and civil construction expertise are tremendous assets for our group,” said Pagliuca.

Pagliuca also said that the ‘True Blues Consortium’, which includes fans and former players including Terry, were also behind his bid.

“The group welcomes the endorsement and support of the True Blues Consortium, an organization dedicated to Chelsea FC and focused on representing fan interests for the club,” said the statement.

Chelsea were put up for sale by owner Roman Abramovich following Russia’s invasion and before sanctions were imposed on the oligarch by the British government.

Tanenbaum said he and Pagliuca planned to improve on the club’s current Stamford Bridge stadium.

“I can reassure Chelsea supporters that both Steve and I are committed to supporting a championship-winning team, building a state-of-the art stadium at Stamford Bridge, investing in our academy and women’s teams, and making a real difference in the community. I am excited by the potential future for Chelsea Football Club,” said the Canadian.

The statement said that former Disney CEO Bob Iger, Facebook Co-Founder Eduardo Saverin and businesswoman Elaine Saverin were part of their group.

Raj Ganguly of B Capital and Peter Guber, who is co-owner of the Golden State Warriors, Los Angeles Dodgers, and Los Angeles Football Club are also involved in the bid, according to the statement.

Pagliuca, who is a co-owner of the Boston Celtics, could face a complication from his involvement in Italian Serie A club Atalanta.

The American is co-chairman of Atalanta after he acquired a 55 per cent stake in the club’s controlling company in February.

UEFA’s rules state that two clubs participating in the same competition cannot be directly or indirectly controlled by the same entity or managed by the same person.

Sources close to the deal, however, told Reuters that Pagliuca has no plans to relinquish his stake in the Bergamo club.

A number of investment groups have emerged with bids to take over the West London club.

The Ricketts family, who own the Chicago Cubs baseball team, have been included on the shortlist produced by U.S. Bank Raine Group, who are overseeing the sale.

Former Liverpool chairman Martin Broughton and World Athletics President Sebastian Coe are heading another consortium.

Todd Boehly, a minority owner of Major League Baseball’s Los Angeles Dodgers and founder of Eldridge Industries, is heading a bid.

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French league’s legal board orders PSG to pay Kylian Mbappé 55 million euros of unpaid wages

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The French league’s legal commission has ordered Paris Saint-Germain to pay Kylian Mbappé the 55 million euros ($61 million) in unpaid wages that he claims he’s entitled to, the league said Thursday.

The league confirmed the decision to The Associated Press without more details, a day after the France superstar rejected a mediation offer by the commission in his dispute with his former club.

PSG officials and Mbappé’s representatives met in Paris on Wednesday after Mbappé asked the commission to get involved. Mbappé joined Real Madrid this summer on a free transfer.

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Reggie Bush was at his LA-area home when 3 male suspects attempted to break in

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LOS ANGELES (AP) — Former football star Reggie Bush was at his Encino home Tuesday night when three male suspects attempted to break in, the Los Angeles Times reported Wednesday.

“Everyone is safe,” Bush said in a text message to the newspaper.

The Los Angeles Police Dept. told the Times that a resident of the house reported hearing a window break and broken glass was found outside. Police said nothing was stolen and that three male suspects dressed in black were seen leaving the scene.

Bush starred at Southern California and in the NFL. The former running back was reinstated as the 2005 Heisman Trophy winner this year. He forfeited it in 2010 after USC was hit with sanctions partly related to Bush’s dealings with two aspiring sports marketers.

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B.C. Lions lean on versatile offence to continue win streak against Toronto Argonauts

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VANCOUVER – A fresh face has been gracing the B.C. Lions‘ highlight reels in recent weeks.

Midway through his second CFL campaign, wide receiver Ayden Eberhardt has contributed touchdowns in two consecutive games.

The 26-year-old wide receiver from Loveland, Colo., was the lone B.C. player to reel in a passing major in his team’s 37-23 victory over the league-leading Montreal Alouettes last Friday. The week before, he notched his first CFL touchdown in the Lions’ win over the Ottawa Redblacks.

“It’s been awesome. It’s been really good,” Eberhardt said of his recent play. “At the end of the day, the biggest stat to me is if we win. But who doesn’t love scoring?”

He’ll look to add to the tally Friday when the Leos (7-6) host the Toronto Argonauts.

Eberhardt signed with B.C. as a free agent in January 2023 and spent much of last season on the practice squad before cementing a role on the roster this year.

The six-foot-two, 195-pound University of Wyoming product has earned more opportunities in his second season, said Lions’ head coach and co-general manager Rick Campbell.

“He’s a super hard worker and very smart. He understands, has high football IQ, as we call it,” Campbell said.

The fact that Eberhardt can play virtually every receiving position helps.

“He could literally go into a game and we could throw him into a spot and he’d know exactly what he’s doing,” the coach said. “That allows him to play fast and earn the quarterback’s trust. And you see him making plays.”

Eberhardt credited his teammates, coaches and the rest of the Lions’ staff with helping him prepare for any situation he might face. They’ve all spent time teaching him the ins and outs of the Canadian game, or go over the playbook and run routes after practice, he said.

“I’ve played every single position on our offence in a game in the last two years, which is kind of crazy. But I love playing football,” he said. “I want to play any position that the team needs me to play.”

While B.C.’s lineup is studded with stars like running back William Stanback — who has a CFL-high 938 rushing yards — and wide receiver Justin McInnis — who leads the league in both receiving yards (1,074) and receiving TDs (seven) — versatility has been a critical part of the team’s back-to-back wins.

“I think we’ve got a lot of talented guys who deserve to get the ball and make big plays when they have the ball in their hands. So it’s really my job to get them the ball as much as possible,” said quarterback Nathan Rourke.

“I think that makes it easy when you can lean on those guys and, really, we’re in a situation where anyone can have a big game. And I think that’s a good place to be.”

Even with a talented lineup, the Lions face a tough test against an eager Argos side.

Toronto lost its second straight game Saturday when it dropped a 41-27 decision to Ottawa.

“We’ll have our hands full,” Rourke said. “We’ll have to adjust on the fly to whatever their game plan is. And no doubt, they’ll be ready to go so we’ll have to be as well.”

The two sides have already met once this season when the Argos handed the Lions a 35-27 loss in Toronto back on June 9.

A win on Friday would vault B.C. to the top of the West Division standings, over the 7-6 Winnipeg Blue Bombers who are on a bye week.

Collecting that victory isn’t assured, though, even with Toronto coming in on a two-game skid, Campbell said.

“They’ve hit a little bit of a rut, but they’re a really good team,” he said. “They’re very athletic. And you can really see (quarterback Chad Kelly’s) got zip on the ball. When you see him in there, he can make all the throws. So we’re expecting their best shot.”

TORONTO ARGONAUTS (6-6) AT B.C. LIONS (7-6)

Friday, B.C. Place

HOME FIELD ADVANTAGE: The Lions boast a 4-1 home record this season, including a 38-12 victory over the Redblacks at Royal Athletic Park in Victoria, B.C., on Aug. 31. The Argos have struggled outside of BMO Field and hold a 1-5 away record. Trips to the West Coast haven’t been easy for Toronto in recent years — since 2003, the club is 4-14 in road games against B.C.

CENTURION: B.C. defensive back Garry Peters is set to appear in his 100th consecutive game. The 32-year-old from Conyers, Ga., is a two-time CFL all-star who has amassed 381 defensive tackles, 19 special teams tackles and 16 interceptions over seven seasons. “Just being on the field with the guys every day, running around, talking trash back and forth, it keeps me young,” Peters said. “It makes me feel good, and my body doesn’t really feel it. I’ve been blessed to be able to play 100 straight.”

This report by The Canadian Press was first published Sept. 12, 2024.

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