Stephen Pagliuca, the co-owner of the Boston Celtics basketball team, has confirmed his interest in buying Chelsea, insisting his takeover would ensure the club continued competing for major honours
was included on a shortlist of possible takeover options for the club by Raine Group, the US bank handling the sale, last month but little has been heard from the American, who is co-chairman of Bain Capital, a private investment firm. He has now decided to make his intentions clear ahead of submitting a formal bid for Chelsea prior to Thursday’s deadline.
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