Former Apollo executive Josh Harris explores bid for Chelsea FC

Josh Harris, the US billionaire and former top executive at Apollo Global Management, is exploring a bid for Chelsea football club, according to people familiar with the matter. Along with Blackstone executive David Blitzer, Harris co-owns a portfolio of sports holdings, including a minority stake in Crystal Palace football club. Any bid for Abramovich's club by Harris would likely require a divestiture from Crystal Palace, which is part of the US financiers' Harris Blitzer Sports and Entertainment portfolio, one of the people said. Harris is one of several wealthy Americans considering a purchase of Chelsea. Other executives reportedly weighing bids for the London club include Vivek Ranadivé, owner of the Sacramento Kings basketball team, and Woody Johnson, the New York Jets American football team owner and former US ambassador to the UK. Abramovich has mandated his adviser Joe Ravitch at US boutique merchant bank Raine to contact wealthy individuals interested in taking over Chelsea.

Read the full story

 Related companies

Make a complaint about Chelsea FC by viewing their customer service contacts.

•