American investor and Boston Celtics owner Stephen Pagliuca says Maple Leaf Sports and Entertainment (MLSE) owner 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 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.
Put for sale after sanctions placed on Russian owner
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.
Also owns Italian team
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.
Chelsea competition
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.
TORONTO – Reigning PWHL MVP and scoring champ Natalie Spooner will miss the start of the regular season for the Toronto Sceptres, general manager Gina Kingsbury announced Tuesday on the first day of training camp.
The 33-year-old Spooner had knee surgery on her left anterior cruciate ligament (ACL) after she was checked into the boards by Minnesota’s Grace Zumwinkle in Game 3 of their best-of-five semifinal series on May 13.
She had a goal and an assist in three playoff games but did not finish the series. Toronto was up 2-1 in the semifinal at that time and eventually fell 3-2 in the series.
Spooner led the PWHL with 27 points in 24 games. Her 20 goals, including five game-winners, were nine more than the closest skater.
Kingsbury said there is no timeline, as the team wants the Toronto native at 100 per cent, but added that “she is doing really well” in her recovery.
The Sceptres open the PWHL season on Nov. 30 when they host the Boston Fleet.
This report by The Canadian Press was first published Nov. 12, 2024.
LAHORE, Pakistan (AP) — A top official of the Pakistan Cricket Board declined Friday to confirm media reports that India has decided against playing any games in host Pakistan during next year’s Champions Trophy.
“My view is if there’s any problems, they (India) should tell us in writing,” PCB chairman Mohsin Naqvi told reporters in Lahore. “I’ll share that with the media as well as with the government as soon as I get such a letter.”
Indian media reported Friday that the Board of Control for Cricket in India (BCCI) has communicated its concerns to all the Champions Trophy stakeholders, including the PCB, over the Feb. 19-March 9 tournament and would not play in arch-rival Pakistan.
The Times of India said that “Dubai is a strong candidate to host the fixtures involving the Men in Blue” for the 50-over tournament.
Such a solution would see Pakistan having to travel to a neutral venue to play India in a group match, with another potential meeting later in the tournament if both teams advanced from their group. The final is scheduled for March 9 in Pakistan with the specific venue not yet decided.
“Our stance is clear,” Naqvi said. “They need to give us in writing any objections they may have. Until now, no discussion of the hybrid model has happened, nor are we prepared to accept one.”
Political tensions have stopped bilateral cricket between the two nations since 2008 and they have competed in only multi-nation tournaments, including ICC World Cups.
“Cricket should be free of politics,” Naqvi said. “Any sport should not be entangled with politics. Our preparations for the Champions Trophy will continue unabated, and this will be a successful event.”
The PCB has already spent millions of dollars on the upgrade of stadiums in Karachi, Lahore and Rawalpindi which are due to host 15 Champions Trophy games. Naqvi hoped all the three stadiums will be ready over the next two months.
“Almost every country wants the Champions Trophy to be played here (in Pakistan),” Naqvi said. “I don’t think anyone should make this a political matter, and I don’t expect they will. I expect the tournament will be held at the home of the official hosts.”
Eight countries – Pakistan, India, Bangladesh, England, Australia, South Africa, New Zealand and Afghanistan – are due to compete in the tournament, the schedule of which is yet to be announced by the International Cricket Council.
“Normally the ICC announces the schedule of any major tournament 100 days before the event, and I hope they will announce it very soon,” Naqvi said.
RIYADH, Saudi Arabia – Ottawa‘s Gabriela Dabrowski and Erin Routliffe of New Zealand are through to the doubles final at the WTA Finals after a 7-6 (7), 6-1 victory over Nicole Melichar-Martinez of the United States and Australia’s Ellen Perez in semifinal action Friday.
Dabrowski and Routliffe won a hard-fought first set against serve when Routliffe’s quick reaction at the net to defend a Perez shot gave the duo set point, causing Perez to throw down her racket in frustration.
The second seeds then cruised through the second set, winning match point on serve when Melichar-Martinez couldn’t handle Routliffe’s shot.
The showdown was a rematch of last year’s semifinal, which Melichar-Martinez and Perez won in a super tiebreak.
Dabrowski and Routliffe will face the winner of a match between Katerina Siniakova and Taylor Townsend, and Hao-Ching Chan and Veronika Kudermetova in the final on Saturday.
Dabrowski is aiming to become the first Canadian to win a WTA Finals title.
This report by The Canadian Press was first published Nov. 8, 2024.