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Opinion: Today’s ownership developments could prove very significant

Most of us have been thinking that the race to buy Chelsea Football Club has largely just been a two-horse race.

The unpopular Ricketts Family Group seemed to be going up against Todd Boehly’s consortium as the two strongest contenders to land the club. However, as is always the way with these situations, the race has stayed wide open and is probably more open than many of us believed.

Whether the #NoToRicketts campaign had some effect or not remains to be seen as of yet, but I am inclined to believe that it absolutely did/is having an effect.

Boehly’s group have always seemed to be the best overall consortium to buy Chelsea for many reasons, and most Blues fans still believe this is the case. But there is an outsider coming up the rear who the two favourites will be firmly looking over their shoulders at right now, and that is Stephen Pagliuca.

Two significant developments have happened today that really does push them up there with the leading contenders to buy Chelsea.

First of all, John Terry’s True Blues consortium came out and announced that they are publicly endorsing Pagliuca’s bid and backed them. This is huge news alone and will make Pagliuca’s group very popular for many reasons.

Then, Pagliuca himself confirmed these events with an official statement, one that contained the full list of investors in his group, a bunch of very wealthy people thus making his consortium now very financially strong as well as experienced.

It is certainly very interesting developments and the outsider may now be really fancying their chances here.

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