Chelsea offer from Boston Celtics owner Stephen Pagliuca bolstered by NBA president and John Terry

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Boston Celtics owner Stephen Pagliuca says NBA president Larry Tanenbaum and former Chelsea captain John Terry have joined his bid to buy the Premier League club.

In a statement on Wednesday, Pagliuca said Tanenbaum, owner of Canadian company Maple Leaf Sports and Entertainment (MLSE), had become “co-manager” of Chelsea’s bid.

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MLSE owns the Toronto Maple Leafs, Toronto Raptors and Toronto FC.

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

Pagliuca also said the “True Blues Consortium”, which includes fans and former players, including Terry, was also behind his candidacy.

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

Pagliuca spoke publicly about his bid for Chelsea for the first time on Monday, when he promised to make the club “winners as usual”.

“This process has been a disconcerting time for the football club and the fans,” he said. “Throughout my life and career, my philosophy has always been to operate quietly, with integrity, and to let my actions and results speak loud and clear.

“However, it is imperative to clarify and assure supporters about our bid group and their commitments, to underline how seriously we take our potential liability to Chelsea.

“Later this week we will submit a substantial and credible bid proposal – one which we hope will meet the respective requirements and regulations of the Premier League, UK Government and UEFA – and we are committed to honoring our commitment to the credibility and good stewardship of Chelsea Football Club from day one.”

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