Tom Ricketts’ Chelsea takeover bid boosted by Indian beer baron who founded Cobra lager from Fulham flat 30 years ago
CHELSEA bidder Tom Ricketts has recruited Indian beer baron Karan Bilimoria to his team hoping to buy the club.
Lord Bilimoria founded Cobra lager from his flat in Fulham 30 years ago.
The Blues fan would get a seat on the board if the group is successful.
The deadline for final offers for £3billion-rated Chelsea is tomorrow.
Lord Bilimoria said: “I founded Cobra beer just down the road from Stamford Bridge and have been a season ticket holder for many years.
“So when Tom Ricketts approached me to discuss a leading role in his bid group, there was no way I could refuse.
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“Tom and the wider group have a proven track record of running successful sports teams and have a strong vision for both the club and the local community.”
Sources close to the Ricketts family say talks have been going on for some time with the India-born Brit.
Ricketts said: “We have always been clear that having local expertise and perspectives on our bid is vital.
“And given Lord Bilimoria’s unparalleled credentials and his love for Chelsea, he’s the perfect addition to our team.”
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Other bidders in with a chance of buying the club — put up for sale as a result of sanctions on Russian owner Roman Abramovich — are Todd Boehly; Lord Coe and ex-Liverpool chairman Martin Broughton; and Stephen Pagliuca.
American financial tycoon Pagliuca — co-owner of the Boston Celtics basketball team — broke his silence over his bid.
A statement today said: “Our first focus and goal is to make strategic investments to continue competing for trophies.
“We will support our players and managers to make sure that Chelsea are habitual winners.
“Our second focus will be to continue to cherish and preserve the legacy and traditions of the club.
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“Not only are we committed to remaining at the home of Chelsea, Stamford Bridge, but we are inspired to renovate or redevelop the stadium.
“Chelsea deserve a world-class stadium.”