Home Business NewsBusiness Centricus confirms Bid for Chelsea FC

Centricus confirms Bid for Chelsea FC

by LLB Reporter
21st Mar 22 9:56 am

Centricus, the London-based global investment firm, confirm their official bid for the acquisition of Fordstam, the parent company of Chelsea FC.

Centricus sees this as an opportunity to make a long-term investment in the Chelsea FC (and CFC Group affiliates). Centricus will be committed to supporting the Company and its key stakeholders to ensure its continued success.

Centricus said: “The intention is to maintain and support existing management on both the business and sporting operations of the CFC Group. We intend to maintain the existing strategy direction.

“Clearly, the CFC Group has been operating in challenging conditions and we appreciate the importance for the CFC Group, the fans and other key stakeholders of ensuring a smooth and stable ownership transition. During this transition period and thereafter, we will ensure that we have frequent and open dialogue with all key stakeholders which underpins our long-term commitment to the CFC Group and its continued future success.

“If our offer is successful, Centricus would be focused on ensuring that the CFC Group continues to achieve sporting excellence, high level of community support, transparent governance, financial sustainability, fan engagement and exemplary custodianship.”

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