SPORTS
Chelsea takeover: Serena Williams and Lewis Hamilton financially back consortium bidding to buy premier league club
Baku, April 21, AZERTAC
Serena Williams and Lewis Hamilton have agreed to invest an estimated £20m into a consortium to buy Chelsea, according to Eurosport.
The 23-time Grand Slam winner and the seven-time Formula One champion are part of a group of investors who are backing Chelsea's takeover offer spearheaded by Sir Martin Broughton.
The former Liverpool and British Airways chairman has the backing of the two global sport stars who have each pledged £10m to the bid. Lord Coe is also part of the British-led consortium.
Broughton's consortium also has the backing of American private equity billionaires Josh Harris and Dave Blitzer who would control a majority stake in the club if their bid is successful.
The pair currently have shares in Crystal Palace and would be required to sell them if they were to take over Chelsea.
Other investors who are a part of Broughton’s bid include the Canadian Rogers family, the Tsai family of Taiwan, and brewing magnate Alejandro Santo Domingo.